Savant ji,
Thanks for your reply.
I have additional capital available and I am not in immediate need of money as I am not a daily trader. I can hold these stocks for few more years if needed.
My thought process is to get out of these stocks (& book my losses) and deploy that money in some upcoming stocks or regular blue chip company (Like SBI,RIL , BHEL) which hopefully would let me recoup my losses.
As far point b and c , are you suggesting that I buy more of these stocks. Would not it be better to buy something which can give me better returns in few years.
My only concern is that I have no idea about good entry / Exit point for these stocks. So how do I play out point# b and c ?
Would look forward to your advice.
Cheers, Viks
Thanks for your reply.
I have additional capital available and I am not in immediate need of money as I am not a daily trader. I can hold these stocks for few more years if needed.
My thought process is to get out of these stocks (& book my losses) and deploy that money in some upcoming stocks or regular blue chip company (Like SBI,RIL , BHEL) which hopefully would let me recoup my losses.
As far point b and c , are you suggesting that I buy more of these stocks. Would not it be better to buy something which can give me better returns in few years.
My only concern is that I have no idea about good entry / Exit point for these stocks. So how do I play out point# b and c ?
Would look forward to your advice.
Cheers, Viks
Hi Viks,
Extremely sorry for missing yours & Metry's Post for replies....
Many in your portfolio....will not see your entry price even if Sensex touches 25k
Wish you had brought it to my notice 6 months earlier.....
Anyways, there are couple of alternatives
a) Complete churn of the portfolio (if you do not have any additional capital available for investing)
b) To actively trade certain quantities at major resistance & suport levels to bring your entry prices down
c) if additional capital is available....to deploy into new scrips & trade the existing portfolio as suggested at point (b)
Let me know what you decide...
Happy & Safer Investing
SavantGarde
Extremely sorry for missing yours & Metry's Post for replies....
Many in your portfolio....will not see your entry price even if Sensex touches 25k
Wish you had brought it to my notice 6 months earlier.....
Anyways, there are couple of alternatives
a) Complete churn of the portfolio (if you do not have any additional capital available for investing)
b) To actively trade certain quantities at major resistance & suport levels to bring your entry prices down
c) if additional capital is available....to deploy into new scrips & trade the existing portfolio as suggested at point (b)
Let me know what you decide...
Happy & Safer Investing
SavantGarde