BajajHind down day by day

rahulyadav1982 · #1 30th May 2008, 08:40 PM

can any one tell me the reason of downfall in the bajaj hindustan daily, is this right time to exit. i have bought 1000 shares@237. can i book profit on this amount also.

regards
Rahul

rahulyadav1982 · #2 2nd June 2008, 08:07 PM

no one??????/

fast_rizwaan · #3 3rd June 2008, 01:11 AM

that which goes up comes down eventually and vice versa (with good stocks)

Bajajhind is a trader's counter, so expect huge upside and downside movements. Don't worry with bajajhind, it has a different personality, it will go up when everything else goes down.

Nothing is wrong with the company. try to average around 140-160 levels. If it goes below 180, expect 172-155 levels.

rahulyadav1982 · #4 3rd June 2008, 10:27 PM

thanx sir

for your information

but as i am new user of this market so i didn't understand your last line meaning that what is average. you have shown some figures i am not understand that i have to buy or sell on that prices.

fast_rizwaan · #5 4th June 2008, 02:06 AM

The reason, Sugar stocks are falling is that "The supply of sugar stock" is more than demand.

Sugar companies are having tons of sugar to be sold by august 2008. As there is more sugar to be sold, the prices of sugar will come down and reduce the profit margin for the companies. that's why the "Big players" are selling.

Average means to "reduce the price by buying more at cheaper price"

1. You have bought 1000@237
2. suppose it falls down to 155
3. if you buy 1000 more at 155 then
4. 237000+155000 / 2000 = 197

you'll be having 2000 shares at 197 rupees, and you can sell it around 240+ in 3-6 months.

AW10 · #6 4th June 2008, 02:37 AM

Averaging down strategy works pretty well for long term investors. One needs to have enough courage to see big negative loss number in personal portfolio during short to medium term.
When stock falls, there is reason behind it and it is anybody's guess to predict the bottom.

You can smartly use avaeraging strategy by adding to the position after you see that stock has started going up for few days after continuous fall.

Don't try to catch falling knief.

Happy Trading.

rahulyadav1982 · #7 4th June 2008, 08:10 PM

thanx a lot sir.

Quote:

Originally Posted by fast_rizwaan

The reason, Sugar stocks are falling is that "The supply of sugar stock" is more than demand.

Sugar companies are having tons of sugar to be sold by august 2008. As there is more sugar to be sold, the prices of sugar will come down and reduce the profit margin for the companies. that's why the "Big players" are selling.

Average means to "reduce the price by buying more at cheaper price"

1. You have bought 1000@237
2. suppose it falls down to 155
3. if you buy 1000 more at 155 then
4. 237000+155000 / 2000 = 197

you'll be having 2000 shares at 197 rupees, and you can sell it around 240+ in 3-6 months.

rahulyadav1982 · #8 4th June 2008, 08:12 PM

thanx a lot

Quote:

Originally Posted by AW10

Averaging down strategy works pretty well for long term investors. One needs to have enough courage to see big negative loss number in personal portfolio during short to medium term.
When stock falls, there is reason behind it and it is anybody's guess to predict the bottom.

You can smartly use avaeraging strategy by adding to the position after you see that stock has started going up for few days after continuous fall.

Don't try to catch falling knief.

Happy Trading.

moneygurukul · #9 5th June 2008, 03:44 PM

[quote=AW10;183372]

Quote:

You can smartly use avaeraging strategy by adding to the position after you see that stock has started going up for few days after continuous fall.

Quote:

Don't try to catch falling knief.

If a stock starts moving up for a few days after continuous fall, then does it mean that uptrend has started? If no, then is not buying on such an occassion is akin to catching a falling knife?

sudoku1 · #10 5th June 2008, 03:49 PM

main reason for the down trend is the mkt weakness & sugar hitting 6 weeks low on london xchange