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| Discuss IT stocks query at the Stocks & Shares within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hello I would like to discuss the IT stocks i have bought recently. I have ... |
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#1
31st October 2007, 11:51 PM
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IT stocks query
Hello
I would like to discuss the IT stocks i have bought recently. I have Mphasis(x)100 @ 320 Infy(x) 30 @ 2005 SatyamComp(x) 10 @ 490 At the moment all are red. What is the expected target in the next couple of weeks. Should I exit and invest somewhere else or should i hold ? Thanks for any advice 
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#2
1st November 2007, 01:43 AM
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Re: IT stocks query
The rupee is expected to appreciate even higher and might go upto 37-36 against dollar pretty soon which would directly hit the IT companies which are dependent on the dollar factor. Try to get information on what kind of exposure these IT companies have. I know for sure that Infy has an exorbitant exposure towards US market. So cut your losses and jump to much rewarding stocks.
R
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#4
2nd November 2007, 06:22 PM
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Re: IT stocks query
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#5
13th November 2007, 09:44 PM
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Re: IT stocks query
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Hatch eggs till u get chicks!!! Dont know whether dollar will loss value or not. Dont even know exposure of companies. And worse, even dont know what infosys does to computers!!!  If you can, or if you wish, or if you think you can loss all the invested amount, then try a gambling till december and if you are again confident(over confident), then continue ...... And if you continue beyond...hmm... I dont know what markets have for IT stocks! But I have some midcap IT in my kitty! And I expect a bounce from my dump analysis!!! Last edited by kuriako; 13th November 2007 at 09:58 PM. Reason: Half knowledge- Dangerous!!! [:)]
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