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| Discuss Tech Mahindra ?? HOLD - Purchase - Sell ??? at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi All, I am having 20 Tech Mahindra @ 1683 Rs. I had purchase it ... |
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#1
26th February 2007, 09:49 PM
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Tech Mahindra ?? HOLD - Purchase - Sell ???
Hi All,
I am having 20 Tech Mahindra @ 1683 Rs. I had purchase it on 13th Feb. just in few days it come @ 1492.  So What I have to do now ? Wait & Watch ? purchase Few more ? Book Loss. I can hold this up to 1 year & more if & only if the stock will perform the best. Kindly guide me for the same. Regards Jaydip 
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#2
26th February 2007, 10:03 PM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
Hi deep
Tech Mahindra is very good company. I dont know much about the how to see fundamentals of the company I mean to say PE EPS etc. terms. But it is sure that it will give you good returns in long term like Infosys. So you can hold it for long term. Infact I am also holding few shares of Tech Mahindra arround that price. And accumulating on deeps. Experts please advice.
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#3
26th February 2007, 10:09 PM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
Compaines like tech mahindra are wealth creators. Such stocks shouldnt be sold at dips like this and shouldnt be bought for short term unless you are a speculator.
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#6
27th February 2007, 06:57 AM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
Do not sell this just bcos of a few days of correction. if possible try adding on small quantities at every dip. However the budget might not extend the tax exemption any more, so there might be a sell off on that news but do not react to such short term fluctuations.
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#7
27th February 2007, 12:32 PM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
Dear Friend
"Book Loss" is a Day Traders terminology (largely speaking). "Buy on Dips" is an investors terminology. So did you buy some?? I did. This share had gone down by almost 150.00 yesterday, and you would have brought your average buy price of 1683.00 further down... Best regards
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#8
27th February 2007, 06:49 PM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
Hey guys!!
Just wanted to know, how strong do the fundamentals of this company look? Please guide me as I am new to investing. Thanks. --maverick123 
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#9
28th February 2007, 11:48 AM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
HI,
Thanks all. I am not going to sell this stock. Thanks for your lovely help. With regards Jaydip
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#10
4th March 2007, 08:47 AM
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Re: Tech Mahindra ?? HOLD - Purchase - Sell ???
I would go & invest my money in Infosys or TCS instead of Tech Mahindra. Some one was saying Tech Mahindra will be wealth creator like infosys...then why not to invest ditectly in Infosys...why to take chance with our hard earned money...also see the P/E with which both of them are trading...ok..ok..to conclude sell tech mahindra & invest the same amount in infosys..better for long term, medium term & sort term (comparatively)..
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