Last year was a dream run where one could have earned 30 to 40% on the investment they made... this year is complete opposite of the previous year.. As we have seen in the first 2 months of this year sensex has touched 13000 levels 3 times and 14000 levels 2 times and 14,500 levels 1 time.
So one should fasten their seat belts in this year and be prepared for more and more volatility. In this volatile period it is always better to stick to blue chip stocks because if a market is bearish these will be first to bounce.
Who said we cant earn more than 20% on our income this year. There is a technique to earn 30 to 40% in this volatility also.
Buy the mentioned blue chip stocks when there is a deep correction and wait for the upswing once there is an upswing where you get 10 to 20 % profit just sell the stock and wait for another correction. We are bound to have corrections so repeat the above technique twice in an year.
suppose if you get stuck in any correction dont get panic. we are strong bull market.
BLUE CHIP STOCKS:-
BIG TECHIES
1. INFOSYS
2. TCS
3. WIPRO
4. POLARIS
5. TECH MAHINDRA
6. MPHASIS BFL
7. 3I-INFOTECH
8. NIIT-TECH
9. TULIP-IT
OTHER SECTOR STOCKS
10. ABB
11. LARSEN & TURBO
12. ONGC
13. RIL
14. HDFC
15. MAHINDRA & MAHINDRA
16. MARUTI
17. GMR INFRASTRUCTURE
18. IVRCL
19. UNITECH
20. RELIANCE COMMUNICATIONS
21. BHARTI AIRTEL
22. ITC
Friday, March 2, 2007
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