Will investing in SBI and Infosys be safe?

#1
I want to invest in SBI and infosys shares. I saw the last day's update, the leads are too high. will it be safe to invest in these shares, if i want to hold it for few days like 3 or 4? if not, which shares will be worth the purchase for intraday? Help. Thanks!!!
 

Reggie

Well-Known Member
#3
Sourav,

After a run up, there's bound to be a correction. Have you considered the Risk/Reward ratio of buying now into the rally? Have you worked out your entry / exit and a stop loss price?

Big guys are waiting for 'investors' such as you to sell to at high price and buy back from you triggering stop losses especially if you are a late buyer, or cannot invest for a long term period to see thru any period of retracement.

My two bits worth : You Learn to be patient, and enter when the price is right.

Having said all this, there's a caevat. The stocks could still rally further tomorrow especially if RBI announces rate cuts tomorrow.

All the best.

I want to invest in SBI and infosys shares. I saw the last day's update, the leads are too high. will it be safe to invest in these shares, if i want to hold it for few days like 3 or 4? if not, which shares will be worth the purchase for intraday? Help. Thanks!!!
 
#4
Sourav,

After a run up, there's bound to be a correction. Have you considered the Risk/Reward ratio of buying now into the rally? Have you worked out your entry / exit and a stop loss price?

Big guys are waiting for 'investors' such as you to sell to at high price and buy back from you triggering stop losses especially if you are a late buyer, or cannot invest for a long term period to see thru any period of retracement.

My two bits worth : You Learn to be patient, and enter when the price is right.

Having said all this, there's a caevat. The stocks could still rally further tomorrow especially if RBI announces rate cuts tomorrow.

All the best.
Thank you Reggie!!!
 

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