OnMobile Global

F

frombangalore

New Member
#1
#1
Dear All,

I am holding 95 shares on OnMobile Global Ltd with average price of 435. I am holding this stock from past 5 -6 months. I can hold this stock for another 3 months

It will be very helpful if experts can give some guidance ...

Shall I

1. hold this stock
2. Average at current levels below 390
3. SELL at current price and book loss

Thanks once again

Regards,
 
prst

prst

Well-Known Member
#2
#2
frombangalore said:
Dear All,

I am holding 95 shares on OnMobile Global Ltd with average price of 435. I am holding this stock from past 5 -6 months. I can hold this stock for another 3 months

It will be very helpful if experts can give some guidance ...

Shall I

1. hold this stock
2. Average at current levels below 390
3. SELL at current price and book loss

Thanks once again

Regards,
Click to expand...
I feel u can hold it for another month.
I have been trading it and it never let me down.
I suggest u wait for some more time.
 
D

desifxtrader

Well-Known Member
#3
#3
frombangalore said:
Dear All,

I am holding 95 shares on OnMobile Global Ltd with average price of 435. I am holding this stock from past 5 -6 months. I can hold this stock for another 3 months

It will be very helpful if experts can give some guidance ...

Shall I

1. hold this stock
2. Average at current levels below 390
3. SELL at current price and book loss

Thanks once again

Regards,
Click to expand...
Hello & Welcome to this lovely forum,

I hope you would know when & where to abandon it:



Cheers :)
 
F

frombangalore

New Member
#4
#4
hello Sir

Thank you for guidance ..

As I am still learning reading graphs, it's a kind request if you can explain a bit.

Additionally if you can share some links related to graph reading will also be very helpful.

Thanks
 
D

desifxtrader

Well-Known Member
#5
#5
frombangalore said:
hello Sir

Thank you for guidance ..

As I am still learning reading graphs, it's a kind request if you can explain a bit.

Additionally if you can share some links related to graph reading will also be very helpful.

Thanks
Click to expand...
Hi friend,

Majority of the time, startup traders often fall into the trap of a mirage - an illusion known as 'holy grail' while learning to trade in the markets. And it takes them years to look beyond this illusion called 'holy grail'. DoNOT fall in this trap. Startup right, cut thru the crap.

I don't think you need anything more than these:

h11p://rapidshare.com/files/264869583/Saint-Teach2_Fish.pdf


http://www.traderji.com/metals/39163-pls-guide-me-day-trading-silver-mini-4.html#post425082


http://www.traderji.com/beginners-g...-my-live-tread-nifty-option-9.html#post430050


http://www.traderji.com/technical-analysis/40364-indicator-have-no-little-whipsaws.html#post430079


http://www.traderji.com/general-trading-investing-chat/40438-technical-analysis.html#post430643


http://www.traderji.com/technical-a...average-periods-day-trading-2.html#post430921


http://www.traderji.com/beginners-g...my-live-tread-nifty-option-11.html#post430945

Trade Chart Patterns Like The Pros by Suri Duddella [h11p://www.amazon.com/Trade-Chart-Patterns-Like-Pros/dp/1604027215]

http://www.traderji.com/technical-analysis/16436-trading-under-candle-light.html

If you could soak up the knowledge in the above 9 links and most importantly IMPLEMENT it practically, you would flourish and save yourself from a lots of pain and headaches.

Not to mention, you should read good & famous books on Trading Psychology which would benefit you immensely.

Also, understand and respect Fundamental Analysis.



cheers :cheers:
 
Last edited:
P

Phani333

Member
#8
#8
prst said:
I have been trading it and it never let me down.
Click to expand...
One of the trading rules, Never Emotinally attach to a Company... Good to know that u got profits from Onmobile in the past, but it doesnt mean it will continue in the future.. So remove all the Guess work, take u'r' charts & trade with Confirmations.. Hope this helps..
 
P

Phani333

Member
#9
#9
frombangalore said:
Dear All,

I am holding 95 shares on OnMobile Global Ltd with average price of 435. I am holding this stock from past 5 -6 months. I can hold this stock for another 3 months

It will be very helpful if experts can give some guidance ...

Shall I

1. hold this stock
2. Average at current levels below 390
3. SELL at current price and book loss

Thanks once again ,
Click to expand...
While Initiating the Trade u should have done it with a stoploss in mind.. From the Daily Charts We can see Good resistance around 400 area, and Good support at around 365-355, So if it crosses 355 better to book loss. And Search for other Entry signals.

Hope this Helps..

http://img153.imageshack.us/img153/4593/onmobile.png
 
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