Dear seniors and all investors & traders,
My experience with the market is as follows.....
Last year when markets crashed during August, i picked 2 stocks.....
When Nifty crashed to 200 dma, i picked
RELIANCE @ 1740......Near to its 100 dma....
R.COM @ 496........Almost near its 200 dma.....
When i picked these stocks, my view was to keep it for atleast 2-3 years minimum.....I was so very happy that i picked these stocks at almost near its bottom....I was so very confident that no matter what happens RELIANCE will always respect its support and resistances.... BUT...
Today , after 5 months , i saw RCOM at my price of 496.....And RELIANCE, well it made a low of 2100+.....
Now , i want to know where i went wrong......
1. Did i pick the wrong stocks????...
2. My view was of long term.....Did i make a mistake of keeping a long term view and going to sleep???...
Please do let me know your views.....
(After today's crash, i think that even ""LONG TERM INVESTORS" should take profits or atleast TRIM their portfolio from time to time)
Please comment
Regards,
Aparna
My experience with the market is as follows.....
Last year when markets crashed during August, i picked 2 stocks.....
When Nifty crashed to 200 dma, i picked
RELIANCE @ 1740......Near to its 100 dma....
R.COM @ 496........Almost near its 200 dma.....
When i picked these stocks, my view was to keep it for atleast 2-3 years minimum.....I was so very happy that i picked these stocks at almost near its bottom....I was so very confident that no matter what happens RELIANCE will always respect its support and resistances.... BUT...
Today , after 5 months , i saw RCOM at my price of 496.....And RELIANCE, well it made a low of 2100+.....
Now , i want to know where i went wrong......
1. Did i pick the wrong stocks????...
2. My view was of long term.....Did i make a mistake of keeping a long term view and going to sleep???...
Please do let me know your views.....
(After today's crash, i think that even ""LONG TERM INVESTORS" should take profits or atleast TRIM their portfolio from time to time)
Please comment
Regards,
Aparna