Fundamentally as well as technically, the following stocks seem the best bets for long term, they should be accumulated slowly in the falling market to keep the buy price lower:
Aditya Birla Nuvo Ltd - 12-Dec-15 CMP - Rs.2,073.35. This stock has more than doubled since Jun 2012, but the long term chart structure is very good. Yes, it might fall in near term, but in next 3-4 years it can double.
Tata Steel - 12-Dec-15 CMP - Rs.240.20. This stock is near at a very low level; near to what it was 6 years back and also not much away from its 12 years low. It is not about bottom fishing, but this is a company with good management. If they are able to turn around the companies operations in Europe keeping India performance intact, then the current price is where you should buy for long term.
Aditya Birla Nuvo Ltd - 12-Dec-15 CMP - Rs.2,073.35. This stock has more than doubled since Jun 2012, but the long term chart structure is very good. Yes, it might fall in near term, but in next 3-4 years it can double.
Tata Steel - 12-Dec-15 CMP - Rs.240.20. This stock is near at a very low level; near to what it was 6 years back and also not much away from its 12 years low. It is not about bottom fishing, but this is a company with good management. If they are able to turn around the companies operations in Europe keeping India performance intact, then the current price is where you should buy for long term.
Disclaimer:
My views are based on my own analysis and only for information purpose. If you use this information, it should be entirely up to your discretion.
My views are based on my own analysis and only for information purpose. If you use this information, it should be entirely up to your discretion.
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