So,after a long time markets are above 8800. And again the cigar butt stocks are going to the stratosphere. It’s becoming really difficult to recommend stocks when the stock market are at the higher end of valuations, BTW we still believe we are on to 9600/- soon. At this point of time, we at SHIKHAR CAPITAL are “All In” as they say in Poker, With top recommendations include Westlife and Jubilant food works.
Is Reliance Industries the new dark horse!!
Reliance Industries is a stock which has not moved for a decade and in a decade even bank deposits would have doubled your money .
So why interested in Reliance Industries?? First a technical check ……..
Now ,all three Dow jones , Nifty and Reliance were at same place in 2008 . But after long 8 years Dow is almost 80 per cent up , Nifty 50 100% up and reliance down by 10%. (more…)