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| Discuss Orient Papers at the Equities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello Traderji, I got Orient Papers @ 78.25. Today its trading @ almost 73-74. I ... |
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#1
2nd September 2004, 03:05 PM
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Orient Papers
Hello Traderji,
I got Orient Papers @ 78.25. Today its trading @ almost 73-74. I got it as it was in the uptrend. Is it worth to keep it or sell it. Please advice. ~Rajesh.B 
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#2
2nd September 2004, 09:24 PM
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Re: Orient Papers
Do not enter a scrip when it is hyped in CNBC. By then already the price has moved up a good 20%. There is not much left on the table except those under the table. Only in few rare cases the shares discussed with hype tend to move higher for a decent profit.
Have your own decision making process. Look at graphs and find cup formations. ********** has some free graphs. Enter in small amounts to test the system. In a few years U will be good and ready to make money. Never hurry....................
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#3
3rd September 2004, 10:08 AM
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Re: Orient Papers
Quote:
Incidently the uptrend in this stock began when it closed above 55.00. It could probably correct to 65, 60 or 55. Thats when you can BUY it (of course with a proper stoploss).
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