Jan 14, 2010
Market outlook for 2010(14-01-2010): Be and Make
So, after the Q3 results markets likely to correct a bit. This is the good opportunity to enter in this market those who missed the 2009 rally. Use this correction to enter the markets with strong note. We are in a bull market and expecting a correction in this bull market.
So, if the above said correction took place then which stocks should be bought and what should be our portfolio for this year is the big question. In 2009, I gave two portfolios consisting above 20 stocks and the average return is about the 200% and 80% respectively after my buy call. Please go through those two calls I am providing the links here:
1. http://stockstowin.blogspot.com/2009/02/its-time-to-build-portfolio-be-and-make.html dated 18th February 2009.
2. http://stockstowin.blogspot.com/2009/07/time-to-think-long-be-and-make.html dated 20th July 2009.
I strongly believe that the growth story of India is intact and my value approach in stock picking fetched me great returns in the past. In 2010, I am taking a little risk in stock picking and stocks with great potential to become multi-baggers are picked from the basket and hope will turn to be great guns for 2010.
The stock for Long term:
2. Punj Lloyd
3. Reliance Infra
4. Gammon India
The stock for the Medium term:
5. Adhunik Metaliks
6. MIC electronics
According to ones risk appetite one should allocate the amount in the above stocks I strongly recommend to go with the first two and my order of priority in the descending order in the list.
Be and make