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| Discuss Bought 90 RPL shares @ 236.5 at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi Everybody, This is my first day in trading. I saw RPL declining from 271 ... |
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#1
6th November 2007, 04:20 PM
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Bought 90 RPL shares @ 236.5
Hi Everybody,
This is my first day in trading. I saw RPL declining from 271 to 250, then I thought to wait for sometime and to buy @ 242.5. Then I bought 40 shares @ 242.5 but again it declined and it was floating @ 232-238 for sometime and when it reached 231 I bought 50 more. The next moment it suddenly reduced to 225 and at somepoint of time it hit the low 214 and close @ 220. Guys tell me whether I made a right decision to buy extra 50 shares @ 231. 
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#2
6th November 2007, 07:22 PM
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Re: Bought 90 RPL shares @ 236.5
Quote:
Just forget you own the stock. See the price after 5 years and you will be very very happy. don't day trade in RPL. Treat it as an investment and for your child.
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#3
6th November 2007, 11:40 PM
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Re: Bought 90 RPL shares @ 236.5
what 5 years ah ? ? ???? ?
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#4
7th November 2007, 12:27 AM
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Re: Bought 90 RPL shares @ 236.5
He is right vishnu, it may not be 5 years but it surely is long term bet. but if u wanna day trade then it is different ball altogether..
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#5
7th November 2007, 12:46 AM
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Re: Bought 90 RPL shares @ 236.5
earlier whenever i tried to day trade in RPL.. i end up taking its delivery..... because Profit was such tht i don't want to close my position.tht's why I have good weightage of RPL in my portfolio and when today it get crashed it created big dent in it.
But no worries.... @raghav.... no dear , u have not done Right.Actully was trying to "Catch Falling Knife". with RPL u not get butchered... but if same u had done in F&O.. the story is all togther different. don't do this again.. specially if stock have support levels too far frm Trading price. chintan
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#6
7th November 2007, 02:38 AM
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Re: Bought 90 RPL shares @ 236.5
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