Jetairways And RNRL?

I have purchased 10 shares of Jetairways few days back at Rs 897. Now the closing time value was Rs 840. I dont know what to do? shd i sell all those shares of Jetairways? Or shd i wait for another one or two weeks so that it will covre the loss? Y jetairways is loosing his charm day by day?

RNRL:- i purchased 20 shares at price of Rs 91 and now it is again low.. what do u say about this RNRL. Will it go up again? or shd i sell those shares?


Please If you advise to sell then advice me a company where i can buy shares tommorow.

Dear Radhika ,...

your stocks ,..

Jet airways ,.. --> this stock has been performing as an underperformer as per the markets. your entry price is quite in the range to be buying price ... but a little bit higher... Now , as on technical terms .. jet airways is the stock which is in its continues upper trend and trading around its supporting trend line zone . but for a short term , its not a good buy. support exists around 800 levels , u may consider to average the positions over there . you are lucky that u are not holding a big positions. 10 shares will not bother u much... fundamentally, i dont know the PE ratio and PE multiple, but one thing is big concern for this stock is RISING CRUDE PRICES. The fuel for aviation industry is not cheap. So, its not at all a good buy. Not seeing a good amount of growth in ur capital in short term. so better exit as soon as possible.

RNRL --> This stock has been an out performer , as the markets recent bull run is dedicated to Reliance Group. Again , entry price is higher. but a strong support exists around 75 levels. so keep levels in the mind , study some charts more and then enter the trade.
U have entered this stock when others where exiting. Simple.
Its not always wrong to enter at higher price, but your entry should give u the good returns.

U are that such place where u wont loose ur money, if u will study this forum and its recommendations. Read articles and then trade.

All the best ,..
Regards,..
Darsh

And yaa i forgot about what to trade or which stock to buy tomorrow. You should concern Renu ji,.. Renu Daga.... She will guide u well with it. For me there is no stock to enter at current levels. I m still not comfortable with market price. So, sorry for it. Please do concern AshishDa or renuji ,... I'm still in learning phase..

Regards...
Darsh

Thanks For your reply....... vey nice comment...