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Wizard of Dalal Street: Govind Parikh's investment mantra Govind Parikh of Govind Parikh Securities says selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says I like to buy things in a bad market. Additionally, don't look current cash flow, concentrate on future cash flows — that is what I look at," says Govind Parikh of Govind Parikh Securities. He advises investors to buy good quality stocks when the market crashes. While sharing his investment philosophy with ace investor Ramesh Damani, on the Wizards of Dalal Street, Parikh says management integrity is very important when deciding which stock to bet on. He tells investors not to buy stocks impulsively. According to him, selling right is more important than correct buying. He says it is necessary to keep a lot of cash. "We keep an average 10 percent cash in our portfolio," he says. He al...
Even After Such a rise in the Market Rcom has not Been Able to cross it previous High of 113 - 114 which shows some tiredness in the Stock and profit Booking in the Script Shall Bring it Down
ReplyDeleteAnd Rcom Moves Down Down ..............106 and Counting .................:)
ReplyDeleteThe Rcom after touching a low of 105 moved higher Still this trade is open and Rcom can be Shorted at current level
ReplyDeletewhat shall we say about rcom after fall in the market it made a low of 104 Rs .
ReplyDeleteRcom made a low of 103 and a high of 111 sell again with sl 114 and target 104 levels
ReplyDelete