PRANAV SANGHAVI says, Hello everyone and welcome to the chat. Let's begin.
praveen asked, hi bought teledata @70 500 shares,
PRANAV SANGHAVI answers, at 2007-06-06 11:57:28Hi Praveen, a lot of people had asked me a couple of months back about Teledata when it was hovering around Rs. 45 I think. At that time the company had announced a demerger and each shareholder was to receive shares of 3 new companies at no additional stock. Thereby sending the price up. I think you should hold on and take delivery of the demerged entities which will get automatic listing.
Nitish asked, I want to know what are the best option to save income tax and to get mony in short period when required.
PRANAV SANGHAVI answers, Unfortunately the two don't go hand in hand. If you want to save capital gains tax, you will have to invest in instruments with a minimum of 3 year lock in.
JOHN asked, what is the future of infosys, tcs, moser baer, 3 infotec
PRANAV SANGHAVI answers, I think I would hold on to all the stocks you mentioned. Especially the first two.
RV asked, WHat is the future of Tube Investment,BOC India, Noida Toll, ITC, 3i Infotech, Infotech Enterprises, IPCL, TCS
PRANAV SANGHAVI answers, I don't follow Tube and BOC actively but you could hold on to the others. Although a slight correction is in the offing.
JOHN asked, what is the future of bhel
PRANAV SANGHAVI answers, I think BHEL is a fundamentally very strong stock and could be held with a 6 month to 2 year time horizon also.
AS asked, It is a very general myth that you only lose money if you go investing in shares. It is no less than gambling. How would you help people getting out of this misconception?
PRANAV SANGHAVI answers, One has to look at historical figures of the returns that stock markets have given over longer term of investments. Over a 25 year period for example stocks are only second to real estate in returns. More than Gold or any other form of investment. But day trading if done on tips and without proper research or trading tools could be equated with gambling.
ashish asked, sir what is the future of indiabulls @519 150 shares and pls tell me about cairn india
PRANAV SANGHAVI answers, I think they are an aggressive player in the financial segment with strong backers. I would hold on to Indiabulls.
manish asked, I have Astra Microw/Mahindra Ugine/Naveli Lignite/TVS Motor/India Cement/Gitanjali Gem/GHCL/Hexaware at high price can I hold for long term to recover the loss.
PRANAV SANGHAVI answers, If you can hold for a longer term then you could see the prices again. But in the short term it would be difficult.
sushil asked, Dear Sir, In which diversify equity fund , i should invest in SIP of Rs3000 Per month and dont want any tax benifit.
PRANAV SANGHAVI answers, I will not be able to give you any specific fund names but HDFC, Templeton, Merrill Llynch are some of the fund houses who have good large cap diversified funds on offer.
manish asked, What is yr view at CMP Of Parsvnath/IVRCL/Bharat Forge/Rico Auto
PRANAV SANGHAVI answers, I like IVRCL and Bharat Forge at current levels.
Pradeep asked, Is it good time to buy Unitech or DLF via IPO? I have taken Parsvnath in IPO, what should I do now?
PRANAV SANGHAVI answers, You could look at Unitech with a longer term view. DLF is a strong company and looks to have a lot of Foreign investors interested in the stock. Parsvanath was grossly overvalued and market is just rationalising the valuation. If you believe in the company then hold on for a longer term.
Lakshmi asked, What are the 1 year prospects of HCL technologies? The stock is around 340 now. Can we expect 15 to 20% return?
PRANAV SANGHAVI answers, Depending marginally on the outcome of the Dollar, I think HCL could do well over the next 1 year time horizon. And a 15% return cannot be ruled out.
Niranjan asked, What are the shortterm (
PRANAV SANGHAVI answers, I would rate a investment for 1 to 2 months as short term.
Pradeep asked, Purchased Infosys (20)at 2300 and 2200 level, TCS (15) at 1250 level. What should I do now?
PRANAV SANGHAVI answers, They are the leading software companies of India. They are underperforming currently due to the fall in the US dollar rates as their income is mainly in that currency.
Niranjan asked, What about LML
PRANAV SANGHAVI answers, I wouldn't hold on. I'd rather switch to a frontline stock.
Niranjan asked, What about shiva cement
PRANAV SANGHAVI answers, I don't follow either of the companies sorry.
Pradeep asked, If markets goes into correction, what stocks I should purchase to make money? Can u tell me the date of bonus in Unitech?
PRANAV SANGHAVI answers, I think the market is due for correction anytime. I would pick the Index stocks which get hammered the most and whose P/E ratio goes to 12 or below. I think Unitech has not yet announced the book closure date.
Pradeep asked, After split, Is BHEL is a good buy ?
PRANAV SANGHAVI answers, Definately.
venk asked, hi i have 100 rpl what is should i do ?
PRANAV SANGHAVI answers, Hi Venk, I woul hold on. It has moved form the 70 levels to the current 100 levels. It is a good stock for long term.
MKUMAR asked, Is it the right time to invest in L&T for short term at the current level ?
PRANAV SANGHAVI answers, I think L&T is also a funamentally strong stock with huge backlog of orders therefore it looks to continue its stellar performance. I would hold it even for longer term too.
ayush asked, What is the future of ASHOKLEY, i bought 150 share at the prize of 37. What should i be expecting the return in next one to two months.
PRANAV SANGHAVI answers, There has been some downturn in the commecial vehicle segment due to the rising interest rate scenario. Even Tata motors is looking to downsize production for some time. Till the interest rates stabilize or come down it could face some lack in fresh sales.
rshekar asked, I hold Reliance Power Diversified Power sector MF, It has given me around 300% returns in 3years. Should I exit now or continue with it.
PRANAV SANGHAVI answers, I would continue as India overall faces huge shortage of power and there are various plants being set up by various players and they look to graow at a steady rate.
krishna asked, Can I buy NIIT at present levels
PRANAV SANGHAVI answers, NIIT looks to be fairly valued. I would wait for a couple of more quarterly results.
aparna asked, after bca which company is we select in workin
PRANAV SANGHAVI answers, I didn't quite follow your question.
ravi asked, I have Nandan Exim, Radaan, Timken, Hotel Leela, Cambridge Solution, Uco Bank and RNRL. Can i hold them for long term. Every one says Market is going to carsh, can u thow some in site
PRANAV SANGHAVI answers, I would look at Hotel Leela, Uco and RNRL from the lot with a longer term outlook.
kapil asked, hello pranav ,i wanted to know the futures of rcom is it a good buy for the short term? and i have 200 shares of lml@ 15 per share,should i hold or exit? and how is itc and icici bank for the long term? please reply,kapil
PRANAV SANGHAVI answers, Hello Kapil, I would surely hold on to RComm both for the short and longer terms. You could exit LML if you are into profits and switch to a frontline stock in its segment. Both ITC and ICICI are good investments with a long term perspective.
sams asked, i have 1000 l&t at 1235.what do you recommend for short term
PRANAV SANGHAVI answers, Hold.
sams asked, i have 1000 l&t at 1235.what do you recommend for short term
PRANAV SANGHAVI answers, Hold.
Ganesh asked, Hi Pranav, is Meghmani organic IPO a good bid??
PRANAV SANGHAVI answers, Hi Ganesh, unfortunately I don't follow that stock so will not be able to help you.
mm asked, I hold Tech Mahindra [100 shares @ 1750], Parsvnath [250 shares @ 475], cinemax [50 shares @ 195], rcom [50 shares @ 520]. What should b my future strategy?
PRANAV SANGHAVI answers, Tech Mah RCom and Cinemax you can hold on to.
SUNIL asked, I HAVE INVESTED IN MARUTI A FEW DAYS BACK AND AT PRESENT IT IS TRAILING. KINDLY TELL ME WHETHER I SHOULD HOLD OR SELL?
PRANAV SANGHAVI answers, Currently due to the rising interest rates car sales are bound to be affected. But on a news channel the MD was pretty confident of giving a decent 30% plus growth year on year.
et asked, what is the future of avaya global, MIC electronics, Nitin fire?
PRANAV SANGHAVI answers, I don't follow thse stocks sorry.
Karthik asked, Hi 50 wipro at 365 100 hcc at 124 50 IVRCL at 350 50 Ranbaxy at 380 can you please throw some light on these shares
PRANAV SANGHAVI answers, You
can hold on. They are underperforming currently but in the longer term you will see appreciation.
Dinyar asked, Hello Pranav. SENSEX is gaining new heights. Is it advisable to get into the market just now or wait for it to come down three to four hundred points in near future?
PRANAV SANGHAVI answers, Hello Dinyar. I think the markets are poised for a correction. I would surely wait before jumping in to buy.
Manu asked, How would you expect the remote-sensing and hi-end IT service markets to perform in FY 07-08?
PRANAV SANGHAVI answers, I think they are a niche segment and like most niche segments they should perform well.
mANI asked, Hi Pranav, Am small investor in the last one year i have bid six ipo's and i have not got any... can you please suggest the amonunt of stocks i shud bid to get the stock.
PRANAV SANGHAVI answers, Hi Mani, It is really unlucky that you have not been allotted because most companies do reserve a segment of their allotment for small investors below the Rs. 1 lac category.
Mahesh asked, SHOULD I GO FOR DLF ?
PRANAV SANGHAVI answers, You could with a long term out look.
amit asked, i had hfcl infonet 200 shares what are future prospects what to do
PRANAV SANGHAVI answers, Hold on.
NILESH asked, CAN I BUY IN PUB ISSUED SHARES
PRANAV SANGHAVI answers, You should choose the better quality stocks based on your study of the prospectus.
Gurdip asked, I have mcleod russel soma textile and hindustan motor and oswal chemicals Any future expected out of these companies/sectos
PRANAV SANGHAVI answers, There was some news on hindustan Motors. Barring that stock I would switch from the other stocks.
Kiran asked, Hi , Is it a good time to invest in NIIT ?
PRANAV SANGHAVI answers, I answered a simillar query just a little while ago.
achar asked, Dear Pranav, Historically, during the month of June & July share market falls dramatically. Will History repeat itself? Will all FIIs come together and indulge in profit taking in June/July?
PRANAV SANGHAVI answers, The markets see the rains as a drop in sales of most segments and in anticipation of weaker quarterly results correct slightly. Our markets have moved up over the last two months so a correction cannot be ruled out.
bishwajit asked, In short term should I buy RNRL? if so what would be the target
PRANAV SANGHAVI answers, You could look at it. I would not be able to help you with a price target as I am not a technical analyst.
GK asked, What is your take on infosys?
PRANAV SANGHAVI answers, Hold on. It is one of the leading software company of India and surely will overcome the ddollar depreciating issue soon.
Mahesh asked, i am also having 200 shares of RPL can you plz tell me what is the future of that ? shall i hold it or shall i exit ?
PRANAV SANGHAVI answers, You can hold on with a 2 year outlook.
ashok asked, what is the prospect of gujratNRE
PRANAV SANGHAVI answers, I think you could hold on as the capitive consumption of its products should ensure good performance and growth.
Arjun asked, Dear Pranav, Hi Wanted to know I bought 400 shares of Havells @ INR 504/Share and 1000 shares of Rain Calciling @ INR 50/Share. Wanted to know the medium term prospects for the same
PRANAV SANGHAVI answers, Hi Arjun, I think you could hold on and the stocks should move up post a slight correction.
Vijay asked, Hai How is the Market of ICICI now???Could you please explain me
PRANAV SANGHAVI answers, I think it is one of the most aggressive banks in the private sector and could be held on to.
Siraj asked, future of punj loyed
PRANAV SANGHAVI answers, Looks good.
ranjan asked, I bought Parsvnath at Rs.420/-. Should I hold the same or book loss? Inspite of very good news, the stock is hovering at around Rs.330/-.
PRANAV SANGHAVI answers, I would switch to a better quality stock in the segment.
amit asked, which stocks u can suggest for short term gain
PRANAV SANGHAVI answers, In the short term a short correction is expected so I would hold on and wait for the correction.
ashubhagat asked, What has happened to Tata motors? what to do as i m hoding futur lot of 412 at the rate of 718/- Pls advise.
PRANAV SANGHAVI answers, There is news of them downsizing their production due to weak offtake of their vehicles due to the rising interest rates. But this move looks to be for the short term and in future they should perform well.
nagsri2k asked, Hi I have bought 600 shares of Wipro @ 445/- Can you pl guide what should I do? Thanks
PRANAV SANGHAVI answers, I would hold on to Wipro. As the price is well below its valuations.
akher asked, I have ITC @195.9, Hindalco @213.6, Daburindia @103.9 waht would you suggest. I can stay invested for 3 -4 years
PRANAV SANGHAVI answers, You have got in at higher levels. But you will have to hold on for a while to see your prices. With 3-4 years horizon you will surely see good returns.
rohit asked, your take on LNT and target possible in one year?
PRANAV SANGHAVI answers, I think LNT has given phenomenal results for the fourth quarter. I would hold on and in a year one could see a return of over 30%.
pratik asked, shoul i enter infosys at the current price
PRANAV SANGHAVI answers, You could with a longer term outlook.
amit asked, what abt dena bank prospects..cosidering canara bank will be taking over..
PRANAV SANGHAVI answers, It could be looked at. Once the interest rates stabilize I think the banks would perform better.
acc asked, Why ACC is not perfoming well as expected and going down after reaching 900+
PRANAV SANGHAVI answers, I think ACC can be looked at with a longer term outlook even though it may not be performing currently.
ajiths asked, Hi I purchased Tata Motors 10 shares @ 774. Can you please tell me future prospects of this stock? Thanks, -Ajith
PRANAV SANGHAVI answers, In the short term the stock should be a bit of an underperformer. But in the long term it should do well.
stockbeast asked, Hi pranav is there any online trading of stocks for NRI like us to invest in BSE or NSE? Can you please tell about it in short and also good enough to understand? Thanks a lot
PRANAV SANGHAVI answers, Hi Stockbeast, please do email me your query and I shall revert back to you with complete details. But for immediate reply I would suggest you to go to the websites of both HDFC and ICICI Banks. They have one stop shop solutions for NRI's.
harshad asked, sir...what to do with cipla ?
PRANAV SANGHAVI answers, Hold.
Sanjay asked, What is ur opinion on Gujarat State Petronet and Petronet LNG ? Are they worth investing at current levels ?
PRANAV SANGHAVI answers, You could look at them with a medium to long term outlook.
sunny asked, What is your expectation about banking sector for coming 4 quarters ? will the interest rates remain high ? If at all to pick one among allahabad bank and andhra bank which one do you suggest ?
PRANAV SANGHAVI answers, I think beyond October if the inflation comes under control one could see stabilization of interest rates and if the US goes ahead and reverses then we could see a drop also. But the banking sector should perform well despite the intrest rate issue. I would go with Allahabad Bank.
Paromita asked, I am a novice in Share Market. But would like to gain some quick buck. Please suggest
PRANAV SANGHAVI answers, If you are a novice I would not recommend you to run after a quick buck. I would rather you invest with a MF or a professional portfolio manager. Take training in stock trading and speak with a broker before commencing.
dharma asked, hi, are u aware of any specialised institutes offering comprehensive courses on technical analysis? And also can u throw light upon the importance of technical analysis for a trader cum investor?
PRANAV SANGHAVI answers, Yes there are lots of institutes offering the same. Infact the NMIMS has designed a complete MBA course focussed on the stock market. You could also look at the ICWA association. I think they have a few courses and also the training institutes of both BSE and NSE offer such courses.
PRANAV SANGHAVI says, Well it is time for me to leave. It was great chatting with you all and hope to see you'll next week. Bye.
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