Some picks for your long term portfolio

My advise would be to book 70% profits in Munjal, since you are already having some nice profits and invest the proceedings into other long term prospects I have recommended like KSCL (kaveri seeds). Buy near 300 or below and sit back and relax for next 2 years.

Reduce and eliminate Subros from long term portfolio, it is a laggard with good but limited prospects and cannot constitute your long term portfolio.

 

I like your long term ownership approach. Hence I will suggest some good long term picks for you. Substitute your profits with ITC, SKS MICRO FINANCE, BIOCON, INDSWFTLABS, VGUARD, JOCIL, JB CHEMICALS, SPML INFRASTRUCTURE, TAMIL NADU NEWSPRINT, EMAMI, VENKEYS..all these are EXCELLENT LONG TERM BETS...but all have run up quite a bit, buy on corrections.

 

Disclosure: I own all of these scripts except JB CHEM, INDSWFT and TNPL, which I am planning to buy on dips in future.

 

On Fri, Sep 24, 2010 at 2:05 PM, _____ wrote:

Hi, Thanks for helping the masses with your useful and much valued advice. Regarding Munjal auto you had earlier provide the view as : "You should get 170 from this script in about 2.5 months time. A rise of 15%." Please let me know if we need to realign the expectations as per the new mail. To reiterate Munjal Auto and Subros makes the core holding in my portfolio and I am holding 2000 shares of Munjal (entry price is ~95.00) and 5000 shares of Subros (entry price is ~41). Also, I am ready to hold them for long if future looks bright.