Added 62 shares of HEG at 3000 price. Now my average is 3300. Not expecting any major change in market anytime soon. State elections will be held in November-December 2018 so we have a lot of time. I am expecting atleast 15%-20% up-move by July first week and 25%-30% gains by Q1 results in August. 25% gains would mean 2.3 Lakhs which should cover my losses. In the year 2018-19 investors will have to stick to companies with very good earnings. Otherwise all the companies with average or bad results are seeing a major correction in the market. I am hopeful that HEG will post better results than Q4 and hence holding it. Let’s see if earnings and valuations goes up. Also if anyone is interested, you can try this tool for a brief valuation of any company – Marketsmojo.
Changes Made :
- Added 62 share of HEG at 3000 price.
Current Portfolio :
286 shares of HEG at price of Rs. 3300.