DLF 200 shares stuck @384.8 rupees :( Please advice

My Cousin bought DLF for 384.8 Rupees and After the DLF Prudential 39% Stake Sale ,the prices are now slowly going touching ground.


Please Advice and whether the Prices will rise if He Keep the Shares for 2-3 Months?

Regards,
gd.

Expect some more correction till 355-350 level you can average at that level and try to exit once when your target is reached . According to me reality sector is not a right bet at this time...

Disclaimr:- Follow this advice on your own risk and by seeking expert comments.

Hold DLF, It will trade near 418 levels shortly.

Relax I have DLF Shares at 410 levels and I'm expecting same, though averaging will help.

DLF - hold em

3 "Death Trap" mistakes "traders" make. # 3 mistake!
3. Buying to average out the losing position.

Yet another MISTAKE that novice traders make so frequently when a trade goes against them.

When the trade goes against them, they first make the mistake of converting from a “trader” to an “investor” in an attempt to avoid losses. But then the worst happens the price starts to fall further; the trader has now given up hope of the prices to return back up soon.

Then he gets an idea, “what f I buy more stocks at lower levels?”, he thinks. Buy doing so the average buying price of the stock would be lowered and when the stock reverses trend he would be able to move out of the stock making profits!

This is a gross mistake and a trader should NOT be doing this.
Firstly, we got to understand that we are “traders” and not fund managers! The job of averaging while the price is falling, is the job of a fund manager. A fund manager knows that he can pump in more and more money into a losing position because he has to hold his positions for months and years and the price will change course eventually sometime. As traders our objective is to get our money out in the risky position for as short a period of time as possible and move on to the next trade.

Secondly, as we discussed earlier, the markets move in 4 stages. And each of the stages can take its own time to end and breakout in the next stage. Firstly, we don’t know where the fall is going to end and second, even if the fall stops, we don’t know for how long the consolidation is going to remain.

Logic tells me this kind of investing is a “dead” investment for the “trader”, an investor can afford to hold for a very long time, but we are “traders”!

The word "novice trader" is used in the general term, I do NOT intend to attribute any reader with this word please.

very rightly said manoj jee
DLF is expected to touch 300 levels, perhaps.

Better to watch market if it goes further downwards, short it and after the correction just enter long and cover ur loses...

The indian market scenario is not suitable for shorting.
and there are good reasons for that.