Tomorrow on the auspicious occasion of Diwali the Bombay stock exchange and the National stock exchange will open for one hour between 6.30 pm and 7.30 pm.In this auspicious occasion the stock brokers ,investors and traders all place a token buy order.The traders book their profit within one hour ,even if it is very less.
- As token some stocks are brought by investors which are never sold.So if you want to invest on the auspicious occasion of Diwali, here I am giving some investment ideas.Do note that I am not an advisor.So I am not liable for any of the losses that you might face.So do your own analysis before you take any position.
Here I am listing some of the stocks which you may buy:
1.Zee learn-It is probably a long term multi-bagger.Do note that I am currently doing a SIP on this stock.I have chosen this stock because there is a merger with Tree House.With the merger, there will be an increase in profitability of zee learn.
2.Wipro-The stock is falling daily.It has chances of falling more.But one can buy this stock as it has fallen steeply from Rs.600.It is already undervalued with very little downside and very high upside.Note I don’t have any position on this stock.
3.Shrenuj-Well it is a total gamble.It is what my intuition tells me.The diamond industry is facing a crisis now.The company posted losses recently and the promoters defaulted on the bank loans.The banks have attached their diamond inventory presently.Banks want 300cr rupees to restructure their debt.Note I have a sizable position according to my risk taking an appetite.
Do your own analysis before investing in these stocks.Note Shrenuj should only be purchased with the money that you can afford to loose.It is not a conventional investment.
Oh!I forgot to wish.HAPPY DIWALI TO ALL OF YOU AND YOUR FAMILY.