Saturday, May 22, 2010

Time to Invest........

Hello all blog viewers, am back after a long break of 2 months. Hope you all enjoying stock guidance and tips posted by Mr.Namit on this blog...

Well coming to market outlook, market is all set to bounce in next couple of weeks. Market should bounce back sharply from these levels and cross 5300 levels in next 2-3weeks time frame.

This is the right time to Invest in quality blue chip companies for medium to long term investments.. All the blue chip companies have corrected by almost 17-25%, giving a very good opportunity for investing in these companies.

Some of the good quality scripts for Medium to long term investment are mentioned below. One can expect a sharp bounce back in these scripts in near term
$ Hindalco,
$ Tata Steel
$ Tata Motors
$ Sterlite Industries
$ Selan exploration
$ ICICI bank
$ Bank of baroda
$ Manapurram finance
$ M&M
$ Jindal Steel
$ Sesa Goa
$ Jindal Saw

Investment in these scripts should give mammoth return in next 1-2 years.

Mutual Funds:
Once should invest in ELSS mutual funds for TAX benefit now, as the markets have corrected by more then 4-5% and NAV's of top ELSS mutual funds have also corrected.

All the very best for coming week.

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