hello mr pankaj... i bought Rcom 500@184.....wich of the followihng options look healthier..? 1.hold for 2-3 dyas...sell on buy price on a small bounce. 2.buy 500 more at 170-175 to average and hope for a bounce. 3. book complete losses on tuesday. 4. keep holding for longer term
Dear Mash, u have asked very much interesting questions. just i saw in forum isg there r lots of similar questions, answers by members and lots of arguments in favor and against the same.
yesterday i added small qty in mrng session at avg price of 183+.mkt was good in that session.after that it went to 176 and bounced sharply and it was 179 very fast. at that time i have added big qty.actually rcom has corrected upmove from 132 to 359 by nearly 79%. more over it is highly oversold.i am expecting a bounce from here.if we dont sustain 175 area it will be very much painful bcz below that 132 the lst bottom can offer more reliable support.
telecom sector is not favorable sector in mkt . so even it improves it is not going to run away.better dont averagre it.wait to cross yr buying price and then keep trailing stop loss.
long term holding always give better results.i doubt even i will be holding for that period or not. actually big qty buying is for quick gains only. i will carry small qty for long term.
hello mr pankaj...
ReplyDeletei bought Rcom 500@184.....wich of the followihng options look healthier..?
1.hold for 2-3 dyas...sell on buy price on a small bounce.
2.buy 500 more at 170-175 to average and hope for a bounce.
3. book complete losses on tuesday.
4. keep holding for longer term
Dear Mash,
ReplyDeleteu have asked very much interesting questions.
just i saw in forum isg there r lots of similar questions, answers by members and lots of arguments in favor and against the same.
yesterday i added small qty in mrng session at avg price of 183+.mkt was good in that session.after that it went to 176 and bounced sharply and it was 179 very fast. at that time i have added big qty.actually rcom has corrected upmove from 132 to 359 by nearly 79%. more over it is highly oversold.i am expecting a bounce from here.if we dont sustain 175 area it will be very much painful bcz below that 132 the lst bottom can offer more reliable support.
telecom sector is not favorable sector in mkt . so even it improves it is not going to run away.better dont averagre it.wait to cross yr buying price and then keep trailing stop loss.
long term holding always give better results.i doubt even i will be holding for that period or not. actually big qty buying is for quick gains only. i will carry small qty for long term.
added small lot of rcom today 165
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