What has this idea?

#1
Hello, One year back I have taken vountary retire from yarn manufature factory in the Bhiwandi. I have shares of Indian Cement, IFCI co. and Dena Bank on the basis of my friend saggestion and the market is lost in big way the share is going down. I need advercise on these shares if I can hold it or sell. I am worried about the lost funds. Please tell me your view.
 
#2
I'm not an expert with those [or any other public] companies, so I can't suggest how they're going to perform. Someone else might help at that.

But I can say something on the basis of what I feel from reading your post. Get out of companies that your heart doesn't beat for. Get shares of the companies you like instead. Someone you can cheer for like a fan in a stadium. And then analyze their market situation and decide upon desirable opportunity. Or cash out and try investing in local businesses if you have sufficient capital.

Just saying.
 
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#3
Thank you Gurupartapji. I am doing part time job now days at one CA firm writing books of accounts. My total invest in these three shares is Rs 90,000. Now the value is Rs. 78,000. I have already down Rs. 12,000 and it is a big loss for me so I am worried if I hold or sell.
 
#4
Hello,

Today also my shares has given me ok performance but my loss is still there. Today Indian cements gone up by 2.9%, dena bank gone up by 1.3% but the IFCI co. shares is gone down by 1.7%. I purchase 900 shares in the IFCI for Rs. 48.20 in the february month and now has loss of Rs. 8,400 from this share. All people kindly tell me if I sell it or hold it so I cover my loss. Please give reply to me as soon as possible.

Thanks,

Carsadu Ahir
 
#5
Hi,

I do understand the loss which u have incurred now the best solution to your problem is either you compensate the losses in the stock by equalising it or wait for the best return to come. SHARE MARKET is a game where one need to ACCEPT lossess or Go down with ship.

If you have 100 shares of dena bank - purchased for rs.10/- each. Assuming if it came down to Rs.8:50/- Your total loss per share is Rs.1:50
in this scenario you can compensate by adding up some more quantity & minimise your loss by selling it off at profit 2% above.

Regards,

Shrividhya S
 
#6
Thank you madam. Because I have loss of Rs. 12,000 I not can buy more shares of these companys. I get Rs. 5 lakh from my VRS scheme and I invest 90000 in share. I only invest more if I will make return. My big loss is in IFCI co share. My friend tell me that the price will go up to Rs. 75 in 6 month time. If the price will go up so I can invest more about 50,000 in the share market. So if you have idea to hold or sell then guide me.


Faithfully,

Carsadu
 
#8
I have seen many people doing share trading and give details on this website. I want to understand the profit business model from this activity. So many people are doing profit daily so can I do this for me also. I am not a experence person in the share market. Now I am earn Rs. 9000 in my job which I do after taking the VRS. I use the full day at work so I was thinking if I can make profit like many people here from the share market than I can learn here and do share trading and not from my full day job. I can use more 3 lakhs rupees which I had make a FD from my vrs amount to play in the share market. So expert people can tell me If I can earn more than Rs. 9000 from share market by using 3 lakhs more and my current shares now at price of Rs. 75000, so total amount is Rs. 3,75,000 to play in shares market.

Please give guidence.

Carsadu Ahir
 
#10
dear carsadu,

pl. don,t disturb your vrs F D this not the proper time of investing in stock what ever you have lost that is part of learning experience.pl.understandd no body can help you to make money in the market you have to learn and do it yourself rest money is yours and you are the boss to take your own decission with best of luck
amrit