Q.Please suggest good FMP's for 1 month and 12 months duration.
A:Will not suggest investing in FMP's in the current market scenario.The risk and return profile of FMP's has changed for the worse over the last few months.If you want to park your money for 1/12 months, I will suggest liquid/liquid plus plans instead of FMP's.Choose from daily/weekly dividend reinvest option or weekly dividend sweep (into an equity fund option) for safety of the prinicipal and tax efficient returns.Plus the liquidity is much better vis-a-vis FMP's with nil entry-exit loads.
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Q.What are the short term prospects of the share price of DLF.
A:The stock will remain subdued in the short term. You could see volatile intraday swings in the stock, but the undertone is bearish.
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Q.I have purchased 400 IDEA at 74 last week.Please comment.
A:Do you want me to say, its good buy and endorse your investment decision??? No doubt, its a very good medium term buy, but since you have not mentioned your investment horizon,let me tell you that the stock could be very volatile in the extreme short term and you could even see 68/69 on the lower side.
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You can mail your queries/questions on adv...@raghavs-picks.com
Yours truly,
Raghav @ Raghav's Picks
