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Post by courtneywalsh on Mar 27, 2012 4:06:26 GMT -5
Tata Global Beverages. 1. Bought these stocks for 109. The media reported incorrectly that Starbucks was going to tie up with Tata Coffee. Once the news of 50-50 JV came out, Tata Global went through the roof. I should have bought them at Rs.100/share but 109 was not bad. It's 119 now (3rd Feb). 2. Recent news economictimes.indiatimes.com/markets/stocks/stocks-in-news/Tata-Global-rises-after-Starbucks-deal/articleshow/11696039.cms3. As long there are Coffee lovers in India, I am sure everyone will have a market. I am hoping that Starbucks creates a niche market for them. Hoping for it reach 150-200/share level in August. Note : Personally I have preferred Dunkin Donuts Coffee to Starbucks Coffee. Now that Tata Global Bevs is bac at 108-109, do you think it is a good buy? Are you holding it for short term? A different topic: We have ICICI Direct account and it is so tough to set a trailing stop loss order. What brokerage account would you suggest for trading in India ? No. Almost all the stocks I have is mostly on long term basis. I would think Tata Global Bevs would definitely go up once Starbucks sets up it's shops here in India. 108-109 might be a good time to enter as I am hoping for it to shoot to 200 Rs, before end of this year. I use fundsindia for trading in India. There are some hiccups with that if you want to do intra-day trading (fundsindia doesn't let you do that). It's more for medium/long term investors.
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Post by courtneywalsh on Mar 27, 2012 4:08:09 GMT -5
When stock market in US is increasing, sensex fell 309 points to close at 2 month low. Why such reverse effect ? It is mainly due to the pathetic budget which got thumbs down from the Market. No vision/No direction. Very disappointed with the Finance Minister.
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Post by courtneywalsh on Apr 3, 2012 21:36:15 GMT -5
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Post by celebi on Apr 4, 2012 12:14:55 GMT -5
yes, got in at 108. Unfortunately our order got only partially executed and hence was able to buy only a small qty. Probably will buy some more in future. Also bought some Ranbaxy Labs(Ranlab) to add some Pharma industry to portfolio.
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Post by courtneywalsh on Oct 6, 2012 8:28:11 GMT -5
yes, got in at 108. Unfortunately our order got only partially executed and hence was able to buy only a small qty. Probably will buy some more in future. Also bought some Ranbaxy Labs(Ranlab) to add some Pharma industry to portfolio. Tata Global has had a great run (current price is around 150) and I am sure it will shoot upto 175 soon (Starbucks first shop opening this month end).
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Post by courtneywalsh on Feb 2, 2013 6:38:56 GMT -5
yes, got in at 108. Unfortunately our order got only partially executed and hence was able to buy only a small qty. Probably will buy some more in future. Also bought some Ranbaxy Labs(Ranlab) to add some Pharma industry to portfolio. Tata Global has had a great run (current price is around 150) and I am sure it will shoot upto 175 soon (Starbucks first shop opening this month end). The results were good but still in the 146 range. Hope it goes up soon.
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