PRANAV SANGHAVI says, Hello everyone, welcome to the chat. Let's begin.
Sanjay asked, Could you please tell me 3 Open ended Equity diversified MF which are negatively correlated to their counterpart.
PRANAV SANGHAVI answers, I will not be able to tell you specific Mutual FUnds. You would need to seek advice from a registered MF vendor.
kunal asked, Hi, I have some 500 morgan stanley growth fund bought in 1992-93 and some 500 each of uti-mastershare and uti mastergain bought in 1992. What should I do with them?whether should I sell or retain them?
PRANAV SANGHAVI answers, I think they both are giving substantial returns. So if have another investment opportunity then you could book profits. If you can hold then hold as both have a good portfolio mix.
sumu asked, Hi Pranav, ive shares of Tata teleservices purchased at rs. 25.05. should i hold or sell? i can wait for 1-2 yrs more. pl advise
PRANAV SANGHAVI answers, Hi Sumu, I would recommend a switch to a growth stock.
divan asked, hi pranav.whats up man for ifci.was holding it since 1 year and as soon as I sold it shot up.do they wait forme to sell?
PRANAV SANGHAVI answers, Hi Divan, IFCI offloaded a part of its stake in NSE and has got around Rs. 780 crores. They still hold another 5% which couuld fetch it another hefty sum. The stock is rising up on this news. You could hold.
kva asked, Hi, Pranav, I want to enter RCOM at current levels. What is in store for this stock?
PRANAV SANGHAVI answers, Hi KVA, once Reliance Infocomm goes for a listing the value of RCom will be unlocked as you will get 1 share of Rel Infocom for 1 share of RCom.
kiran asked, can u tell me some gud investment opportunities in share for a time horizon of 1-3 years
PRANAV SANGHAVI answers, You could look at any of the frontline stocks in the Tech, Banking, Cement and infrastructure sectors. But I would get in on corrections as we witnessed one recently.
ahsannawazkhan asked, Hi Pranav, I have just got my Demat A/c with ICICI, can u suggest me how start with dealing in the stock market, as I am new to this market. Thanks
PRANAV SANGHAVI answers, You need to seek advice from ICICI bank professionals they have a stock broking arm which will help you.
anand asked, i want to purchase share which co. you suggest
PRANAV SANGHAVI answers, That is a very broad question as I would need top know the fund size, investment time frame etc. But I have mentioned a few stocks in my previous chats you could refer to the same.
nagendra asked, Can I buy Balrampur chinni sugar at current levels
PRANAV SANGHAVI answers, Well the much awaited news on the lifting of export ban has come in. So the stocks should run up a bit. Now you could look at sugar stocks with short to medium term outlook.
David asked, Which looks better between Tata Power, Reliance Energy,Torrent,Cairn,Lanco for long term investment?
PRANAV SANGHAVI answers, I would go with Rel Energy and Tata Power.
anand asked, i am new in this line ist time i want to invest in shasre market.
PRANAV SANGHAVI answers, I would advise you to take a few courses before you enter the market.
aditya asked, Hi Pranav, Can we enter in Hindustan Zinc @cmp and what is wrong with Matrix Lab which is 30% low of 306. Can we enter in Matrix at CMP. Thanx.
PRANAV SANGHAVI answers, Hi Aditya, yes Hind Zinc can be looked at. It has given phenomenal results with a 3 times growth in profits for this quarter. Matrix is a Re. 1 paid up stock and if you look at a 3 year period it has risen steadily and various foreign players have entered the stock at various levels. You could enter at a correction.
mani asked, hi, pranaav I am new in this line. can you please tell me what is meant by 100% book building process.
PRANAV SANGHAVI answers, It means that a stock which is coming out with a public issue, the complete stock offering is offered through the book building route.
suresh asked, hai,sir,your advise helped me lot, my qusestion is Iam a investor, can I buy TECHM AT this rate and hold for 2years, can I get same growth in future also.
PRANAV SANGHAVI answers, Yes I would look at it with a 2 year outlook.
Wilson asked, Any news on Silverline Tech? The stock goes up and down and cannot see a business reason. Is this a broker hype?
PRANAV SANGHAVI answers, I don't follow that stock but I would not touch a stock with Silverline's history.
astra asked, I have 1000 shares of Neyvelilignite @90/-And Astra Microwave 1000@233/-Please advise should I book Loss If what to buy to cover of the loss
PRANAV SANGHAVI answers, You could hold on for a while. You could look at stocks like IDFC, ITC with a 6 month time frame to switch.
David asked, Hi Pranav, we are not getting your response.What happened?
PRANAV SANGHAVI answers, I have answered quite a few questions.
reddyn asked, Hi Pranav how are you
PRANAV SANGHAVI answers, Hi Reddyn I am good thank you and yourself?
chetan asked, I have Morpen Lab Q - 1000 @ 13.85 Can you suggest me on this ? ( Sell or hold it for sometime)
PRANAV SANGHAVI answers, I would recommend a sell and swithc to a growth stock.
partha asked, I have taken 10 pantaloons at 465. What is the future of this?
PRANAV SANGHAVI answers, I think they have huge expansion plans so you could look at it.
rajni asked, what i future of microtech can i buy at cmp
PRANAV SANGHAVI answers, I don't follow that stock so I cannot help you sorry.
partha asked, I havd 19 Siemens at an average price of 1080. Please tell me the 1 year target of siemens
PRANAV SANGHAVI answers, I can't give you a price target as I am not a technicval analyst. But the price should move in tandem with the growth in profits if not higher.
arunr asked, Hi Pranav, what is the prospects of Balrampur chini and surya pharma from long term holding perspective Thanks, Arun
PRANAV SANGHAVI answers, Balrampur is surely a frontline sugar stock. You could hold on. Surya pharma was in the news recently but I dont follow that stock so will not be able to advise you.
partha asked, I have sold 10 indiabulls on 11-Jan. Please tell me when rela estate is getting listed and when additional shared of india bulls real will be allcated?
PRANAV SANGHAVI answers, It is to be listed soon.
astra asked, Please suggest some growth stock @ CMP
PRANAV SANGHAVI answers, Look at ITC it is around the same price it was at when the markets were aroud 11,000. I think it is a frontline stock which is under rated.
arunr asked, what is the prospects of Hotel Leea from long term perspective
PRANAV SANGHAVI answers, It is a good bet.
astra asked, What is the Target of India Cement
PRANAV SANGHAVI answers, I cannot give you a price target but the Cement sector as a whole will perform well over the next 2 to 3 years.
mona asked, hi i want to know at 4010 nifty shold i buy or sell.
PRANAV SANGHAVI answers, In the short term the momentum looks to be upwards and the FII's look to have covered their short positions in the Nifty.
Ashish asked, in what sectors can I enter ?
PRANAV SANGHAVI answers, I have given that reply in this chat also and in my previous 2 chats please refer.
niteen asked, Can you recommend some good real estate plays?
PRANAV SANGHAVI answers, Wait for the DLF issue and hope it is not overpriced.
vijay asked, Is it wise to invest in Tech Mahindra at this level?..What is your opinion on longterm investing in Tech Mahindra.
PRANAV SANGHAVI answers, I think it is a blue chip in the making.
Ashish asked, how does ITC, SBI & other OIL stocks look investment wise
PRANAV SANGHAVI answers, The first two are a no brainer but Oil stocks you have to keep a constant watch on various factors like crude prices, government policies etc.
raja asked, What about IFCI and KPIT cummins
PRANAV SANGHAVI answers, I just mentioned about IFCI in this caht you could refer. KPIT I dont follow so will not be able to help.
Thiru asked, What could be the SENSEX level in the next 6 months?
PRANAV SANGHAVI answers, It is anyones guess but if the corporates keep performing as they have then it could breach 14,500 and maybe 15,000.
maddy asked, Could you please tell me Prospects of Alok,Abhishek and Welspun India
PRANAV SANGHAVI answers, Alok is a good bet, Abhishek also has run up recently and Welspun also could be looked at with a long term outlook. Overall the textile sector is still underperforming.
suresh asked, sir, in
this one which real estate stock u advise unitech OR Sobha deveopers to enter.
PRANAV SANGHAVI answers, I would look Unitech.
Manas asked, Hi, i have invested in ICICI life super, is that a good option?
PRANAV SANGHAVI answers, I would need to know the portfolio mix before I comment.
Mokvin asked, What are your views on Shree Ram Mill and Shree Precoated steel?
PRANAV SANGHAVI answers, Shree Ram could be held on and I dont follow the other sorry.
santosh asked, Hi pranav
PRANAV SANGHAVI answers, Hi Santosh.
santosh asked, I am having FDC shares in my account, What did u think of this stock within 2 months?
PRANAV SANGHAVI answers, You could hold on.
Againstodds asked, Retail investors barely constitute 1% of the market. 90% of money lies in frontliners. In such situation how can a retail investor read the mid and small cap space to his advantage? Who is moving the mid and small cap market?
PRANAV SANGHAVI answers, The retail investor has to study that much more as they are not in the loop as the larger brokers and the FII's are. The small caps are mostly operator driven and one should be carefull.
vijay asked, What is the future of sugar stocks after lift of ban on sugar exports. What stock do u suggest to invest (for small investors) in sugar industry and for how long we can hold
PRANAV SANGHAVI answers, The ban will help augment their turnovers and unload stock. You could look at Balrampur, Bajaj Hindustan.
Suvarna asked, hi this is suvarna here, m totally new in this share market, i want to make money either through shares or MF, i wish to take decision on my own. how do i start my study ? can you guide me how do proceed ?
PRANAV SANGHAVI answers, Hi Suvarna, One you could take up basic courses with the training institutes of BSE and NSE. Two you could consult a MF advisor who would help you with tailoring MF investments for you as per your requirement.
long term investor asked, EID parry in Sugar sector for long term ?
PRANAV SANGHAVI answers, Yes it is a good bet. It has a strong balance sheet and strong fundamentals also.
Mokvin asked, is Mawana Sugar Good buy after lifting of export ban?
PRANAV SANGHAVI answers, I would stick to the frontline stocks.
Harsha asked, is there any stock market correction in near future
PRANAV SANGHAVI answers, We just experienced one recently and there will be some more to come in the future. It is a part and parcel of the game.
Mokvin asked, Biocon hold or sell ?
PRANAV SANGHAVI answers, You could hold if you are a long term investor. But the results have not been very exciting.
bheeshma asked, Hi Pranav, what's your long term view on Tata Motors? Thanks.
PRANAV SANGHAVI answers, I think it is a strong play in the auto sector. You could hold on.
amit_malhotra95 asked, any calls on Ginni Filaments, why we are not able to see the scrip on NSE website
PRANAV SANGHAVI answers, I don't follow the stock sorry.
jain asked, I purchased 1000 shares of Vijya bank @ Rs. 66. what is chance of recovery and when?
PRANAV SANGHAVI answers, I think you could hold on. There was positive news for the banking sector just today and with a longer term perspective Vijaya Bank is a good midcap bet.
deep asked, I have 300 shares of TTML at 31.3 bought around a yaer back. what shud i do
PRANAV SANGHAVI answers, Switch to a growth stock.
deep asked, I have 300 shares of TTML at 31.3 bought around a yaer back. what shud i do
PRANAV SANGHAVI answers, Switch to a growth stock.
Nationwide asked, Dear Mr Sanghavi, what is the tax liability on penny stocks sold before and after holding them for one year? Is it different from Sensex or A or B group stocks? Will really appreciate your help on this.
PRANAV SANGHAVI answers, It will not get the benefit of tax exemption of Long term capital gains. You will be taxed as all other stock transactions.
hemanth asked, I bought 5500 shares of IFCI @22.70, what should be my call now?
PRANAV SANGHAVI answers, You could hold on. I think the stock should rise in the short term.
raj asked, What's your views on Financial Techologies which is trading around Rs 1700 and has PE of around 130. Reports say they have user-based revenue and PAT could be be more than doubled in the current fiscal. Is it wise to buy that?
PRANAV SANGHAVI answers, I think it is still a good buy. It owns a large stake in MCX one of the leading commodity exchanges of India. MCX is also planning for an IPO and that time FT should benefit substantially.
jain asked, I purchased 110 shares of BPCL @ rS. 400 . wHAT ARE THE CHANCES OF RECOVERY AND WHEN?
PRANAV SANGHAVI answers, With prices of Crude having gone down their margin for refining will get a boost but once the Crude prices rise they will suffer.
rshaikh asked, Hi Pranav can i sell Cairn now I have 105 at IPO
PRANAV SANGHAVI answers, Yes you could look at switching the stock.
long term investor asked, should i sell ifci at current levels i am holding 1500 @ 11 ?
PRANAV SANGHAVI answers, If you wish to book some profits you could but in the short term it could move up.
long term investor asked, should i sell ifci at current levels i am holding 1500 @ 11 ?
PRANAV SANGHAVI answers, You could book some profits but in the short term it looks to move up.
dilip asked, i have 650 share of birlavxl at 88 rs avg price what id prospect for 1 year
PRANAV SANGHAVI answers, You could hold on.
dKumarnew asked, Why is LIC Housing Finance languishing @PE of 6?
PRANAV SANGHAVI answers, I think it is undervalued and could turn out to be a good play indirectly in the infrastructure sector.
gpn asked, Bought Omax auto at 87/- should hold or sell
PRANAV SANGHAVI answers, You can surely hold.
cute_var@rediffmail.com asked, hi pranav this is varun and iam planning to invest in the share market so in which company i have to invest and if i invest in the vijay bank there is any problem so pl reply
PRANAV SANGHAVI answers, You should look at the frontline stocks. Why did you chose Vijaya Bank of all the stocks on offer? Stick with the frontline if you are a new entrant.
samir asked, hi dear i bought sbi @1326 as i saw a block deal news of it @1560....will i get my rate? i am in loss now...how much & up to what rate shall i hold? it is my long term investment. pl. guide me? samir dave
PRANAV SANGHAVI answers, I think you will see your rate. If you go by SBI's balance sheet even today it is undervalued. You should hold on.
sbi asked, hi pranav i have 70 shares of sbi since 1995 should i sell part of it bcoz sbi, s price is not increasing in the same speed as it was in past
PRANAV SANGHAVI answers, I think it is a great long term bet. And the price has not moved as quickly as it did maybe a year ago but it is still a good hold.
VRC asked, Hi Panav, I have stocks of Teledata should I hold or sell it
PRANAV SANGHAVI answers, Sell and switch.
Thiru asked, Is this the right time to enter in the market?
PRANAV SANGHAVI answers, It was a week back when the markets were falling. I have always maintained that one should get in on corrections.
Prince asked, I checked ur RCom responce, but not clear if I shud enter Rcom or not??
PRANAV SANGHAVI answers, Yes you can.
Surya asked, I have been alloted CAIRN INDIA 105 Shares but I invesyed it in for a short term profit but it has opened at discount , so pls tell whats the future of the same ? Should i hold it or sell it on Loss ?
PRANAV SANGHAVI answers, You could swithc to a growth stock.
suresh asked, sir, i bought relice energy @630/ last year, can I sell now and buy RCOM, OR ANY TECH STOCK rather than blocking my mony for long time to REL to recover.
PRANAV SANGHAVI answers, Most of the tech stocks have already run up following Infy's results. So you could look at other growth stocks.
bhawin123 asked, infosys has not move up despite good results and has fallen significantly in last week
PRANAV SANGHAVI answers, The reason was they were expecting a bad result. But the results were not disaapointing so the shorts covered their position. I think Infy still remains a good long term play.
PRANAV SANGHAVI says, Well its time for me to leave. Hope to see you guys next week. Bye for now.
Chat with Paranav every week!
