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  #1  
Old 8th August 2006, 01:18 PM
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Exclamation Advice

Got following
Need advice on what to do with these
a. VSNL 11 @ 456 Current Price - 376 : Loss 18%
b. NTPC 60 @ 135 Current Price - 121 : Loss 10%
c. IFCI 250 @ 10.65 Current Price - 8.65 : Loss 19%

Any thoughts if I should stay invested or dump at any rally in near future.
Will they ever go close to the price I bought them on.

Thanks
Gnat ...
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  #2  
Old 8th August 2006, 02:43 PM
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Default Re: Advice

Don't worry, if the news got from FED tommorrow very positive, then the market will bounce back like anything...

if any stock which comes down below 8% than your purchase price, simply sell it and you can have the opportunity to buy at cheap. Any way don't sell it now.. market is expecting a bull run soon...
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  #3  
Old 8th August 2006, 03:01 PM
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Default Re: Advice

banking sector rally is going on,let us see next move & then decide to averaging

Ajit14
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  #4  
Old 8th August 2006, 06:54 PM
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Default Re: Advice

Hey,
Thanks to everyone for your time and response. These shares came into my kitty when my rules worked while I was in a meeting ( Important lesson .. not to put a rule for trading ...) and never ever came close to 8% loss such is life ..
Today markets were very positive and end was exciting, lets see how it goes tomorrow.

Once again .. many thanks !!!!

Gnat ..
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