KYI special: New Year strategies to play the market!

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KYI special: New Year strategies to play the market!

Know Your Investor (KYI) is back with strategies on stocks to play the market to your benefit. We caught up with Vivek Negi, senior manager of research and education at Wellindia Group to give his expert opinion on the queries you sent us on our facebook page.

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ALSO READ See what other experts are saying about markets See what FIIs are saying about the markets See what Udayan Mukherjee is saying about the markets Reliance Power BSE | NSE 01/06/12 Are Mutual Funds betting on Reliance Power? Other Stocks in this news DLF | Pantaloon Retail | Delta Corp | Larsen and Toubro | Jaiprakash Associates | Escorts | Gujarat State Fertilizers Company | Havells India | Jindal Poly Films | Crompton Greaves | Bank Of India | Jet Airways | 3i Infotech | Infosys | HCL Technologies | Wipro | Dabur India | Coal India |

The year has truly whacked the lights out of investors, but fear not, 2012 is going be a better time. The beginning is always tough, but like they say, when the going gets tough, the tough too gets going. Know Your Investor (KYI) is back with strategies on stocks to play the market to your benefit. We caught up with Vivek Negi, senior manager of research and education at Wellindia Group to give his expert opinion on the queries you sent us on our facebook page .

As a New Year special, we also asked him for his outlook on the market and a few select stocks. Watch out!

Below are his answers to your queries.

Mukesh Soni: Should I invest in Reliance Power and DLF at current levels?

A: Rpower is not generating anything till date; few of the company's projects are going to be completed in 2012. It would start performing from the second half of 2012. Buy and hold for long-term.

DLF at current levels seems to be a very good value buy. Go and invest. Expect target of Rs 240 in next six months.

Sandeep Goswami: How is Pantaloon Retail at current levels?

A: See-saw is going on with the retail sector on FDI. Stay away till the issue is resolved.

Rajesh Shah: I bought Delta Corp at Rs 102. Should I hold now or book loss?

A: It seems weak on the charts. It may go down to Rs 45 levels.

Ajay Sharma: I have shares of L&T which I bought at Rs 1500. Should I buy more at current levels for averaging or should I invest in another stock?

A: There was a gap on L&T chart between Rs 1000 and Rs 1200 which got filled during the recent fall. Now it will start moving up. Downside is almost nil; buy more.

Ketan Dadariya: I have 550 shares JP Associates for Rs 94. What shall I do now?

A: There is nothing wrong with JP associates. Once the interest rate will start easing it will start performing. Average around Rs 50.

Reishy Gowda: I bought Escorts at Rs 67. What is your call on this stock?

A: There is a very strong support on the stock around Rs 60. It will bounce back and retest Rs 72 levels. If it's able to sustain above Rs 75 for few days, it may touch Rs. 85.

Maulik Thakkar: Can GSFC and Havells be bought at current prices?

A: Avoid GSFC. You can buy Havells. It is part of consumption story in India. It's a strong buy fundamentally as well as technically.

Mandeep Gupta: I have 500 shares of Jindal Polyfilm at Rs 450. What should I do with the stock now?

A: It's a straight fall in the stock from the levels of Rs 600. Exit on pullbacks.

Rahul Priyam Saxena: I bought 600 shares of Crompton Greaves at Rs 177. How do you see this stock performing in the next six months or a year?

A: There are some issues with the stock on the front of corporate governance and disclosure issues. Hold it for long term, at least two years, you will get profits.

Anurag Srivastava: Are there any chances of Bank of India improving in the future?

A: Technically it is looking weak. It may fall down to Rs 240 to Rs 250. It will start improving once RBI would start cutting interest rates.

Agrawal Akhilesh: Where can we see market by end of January 2012?

A: Very difficult question to answer. Wait and watch. Use the month to pick some fundamentally sound companies for long-term.

Siddharth Bagchi: I bought Jet Airways at Rs 525? How much time should I hold it?

A: You should have kept a stop loss below Rs 480. Aviation industry is not performing. It has been one of the worst hit sectors in 2011. Jet Airways is our top pick from the segment, but Rs 525 seems to be too far. Buy more around Rs 225.

Rahul Singh: I have 3i Info at Rs 22. Should I average this at current rate?

A: Don't buy. Sell and shift to Infosys , HCL Tech , or Wipro .

Mahesh Datey: What is the future of Dabur ? I have 400 shares at Rs 99.

A: Excellent pick for the long-term. This is one of the must have stocks in the portfolio. Hold for long-term you can expect 20-25% returns every year.

Dibye Singh: I have got 100 shares of Coal India . What should I do at these levels? I have a long term prospective.

A: At the current price it seems to be under-valued. Being from the Govt. sector you can't expect bigger returns in the stock. Accumulate Reliance Industries below Rs 700.

Check out Vivek Negi's outlook on select stocks in the next page!