In a Fix,Need Some Help

superman

Well-Known Member
#1
Hi traders

I invested close to 17K last month in a wide range of scrips .. all of different sectors

I selected each one of them based on the profit,EPS and other factors..
SO i believed they are fundamentally good shares..

But to my bad luck, there have been slow blood bath is share market from Jan this year ..
Every day the scrip price is decreasing decreasing

Here is my portfolio details
Code:
Stock	Quantity	InvPrice	InvAmt	Latestvalue	Latestprice	Gain
NTPC         	28	201	5628	5685	203.05	57
Ashok Leyland	18	55.6	1001	894	49.65	-107
Vijaya Bank	20	53.05	1061	953	47.65	-108
Guj State Petro	11	97.75	1075	939	85.4	-136
Idea Cellular	17	60.05	1021	1039	61.1	18
GMR Infra	15	67.4	1011	822	54.8	-189
Geojit BNP	25	41.4	1035	871	34.85	-164
Indraprastha	20	52	1040	822	41.1	-218
NHPC	        30	34.9	1047	957	31.9	-90
Finolex Ind	16	65.9	1054	850	53.15	-204
Mangalore Chem	42	24.25	1019	920	21.9	-99
Mahindra Satyam	10	109.7	1097	955	95.5	-142
I have decided to hold NTPC for atleast one year ..

I am planning to clear each scrip if the price reaches the invested price ...
Any advice,thoughts on this ..?

Or is there any recent dividends in any of the above scrips to be released ..?

I followed no stop loss and my target was 10% in each scrip

At present the portfolio value is just 15,722 ..
Now add close to 30 rs if i sell each share individually since the minimum brokerage for geojit is close to 25 ..
So at present i have lost close to say 2 K for 17 K :(
 
Last edited:

superman

Well-Known Member
#2
And BTW how to nicely display the portfolio in tradeji .. I have seen in some threads where it is beautifully displayed ..how to do it ..?
 
#4
These are my views and are open to suggestions from anyone.

NTPC - Support at 200 and then another support at 190.
Ashok Leyland - Hold with SL of 45.
Vijaya Bank seems to be trading in a range but has support at 37-38. Hold.
GSPL - Support at 80. Seems to be turning around. Hold.
IDEA - Needs to break through above 63 to go up. Hold.
GMR Infra - I am unsure but I would go with bearish. A sell on my part with reducing volumes and sitting just below a resistance.
Indraprastha - Support at 40, Resistance at 42. Hold or Exit at higher levels. 52 seems unlikely in the near future.
NHPC - No idea but it should not go below 30 at worst.
Mangalore Chem - Trading in ranges. Support at 21.60 and 20.90. Next supports at 17.5 and around 15.5. Hold with SL at 20 and Exit at 24 -25.
Mahindra Satyam - Earlier support at 97 is now a resistance. Nest support seems to be 93. Hold with 93 SL.

All this is from TA and I am not using any fundamentals. Any other views are welcome.
 

SwingKing

Well-Known Member
#6
If you had some reasons to enter ... u must have some valid reasons to exit.

Fundamentals usually don't change in a month's time. Thus if u still see those factors prevailing which made u enter the trade then its better you stick to ur trades. There is no point in exiting just because market's are moving down.

Stick to your reasoning.

Tc.
 
#7
i think u should remain with bluechip script like ongc,ril,sbi,airtel,tata pwr,tata motor, in which not to worry about fundamental change. just to think when to enter into script If u are long term invester...............
 

superman

Well-Known Member
#8
Thanks for the suggestions guys ..
Actually most of the scrips i have invested are good and are in profits but their price has fell down ...
Lets see i will wait for the dividends,i think it may cover the losses .. :)
 

bunny

Well-Known Member
#9
Thanks for the suggestions guys ..
Actually most of the scrips i have invested are good and are in profits but their price has fell down ...
Lets see i will wait for the dividends,i think it may cover the losses .. :)
Hi Superman,

Dividends are too small in comparison to premium(erosion).
 

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