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Stock Watch-JP Associates, Kotak Mahindra Bank
JP associates and Kotak bank- two our old favourites are flying high today. Check these stocks as they trend higher.
Both these stocks have been “doubler” for us in last couple of months and continue to perform well.
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As jp associates is going to split by next month,can I enter into the stock at 1790 level? And what is the short term target of ITC?
Gautham- Orchid seems to have bottomed out at 120. So you can play it for a nice little bounce around those levels.
But I won’t touch the stock for my long term portfolio.
I remember a lot of buzz around “hotel stocks” about 1-2 years back. Everyone talking about 100% occupancy, rising room rates etc etc. Even I made a decent money in India hotels.
Ever since that buzz started and lot of people bought the stocks, they started their downhill journey!
JP is in nice uptrend and 1400 levels offer a strong support to the stock.
Future expectations- All of us expect our stocks do go up when we buy them but if they don’t we don’t hesitate to dump our darling stocks!
Stock markets offer “no guarantees”, so please be careful before you venture.
What are your thoughts on Orchid Hotels?
hi,
canone still enter jaypee associates at Rs1711?
do send a word and future expectations
sanjay
Hasbeen-You can ride hotel stocks if you know your entry and exit. Do not jump in just because the guy next door is making tons of money in these.
Sir,
Good site!
Your take on hotel stock please?
Thanks.