Please advise

#1
Dear All,

I am new to this forum.

I purchased 400 IDEA shares @ 72.50. Suddenly the rates are coming down. I wanted to sell the shares at the level of 75.00 but the current price is 64.70. So, can i hold this share and should i exit from this one.

Thanks in advance

Regards,
Antony S
 

itzarvind

Well-Known Member
#2
Antony,

Well even i hold at the rate of 72,
Looking at crossover, its in negative region.
Am also not sure of what to do.
Let us wait for some experts comment :).

Regards,
Arvind
 

Class

Active Member
#4
Idea has been trending down since beginning of September. Don't know how long you have been holding but 80 or above was a good time to sell. I've been looking for an entry point when the stock turns positive, but with all the telecom news over these few days I think it will take some time.

60 looks to be some support and it is hovering at around 65. I'd guess it will form a base for some time unless there is some spectacular telecom news.

Hope this helps.
 

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