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| Discuss urgent help needed at the Stocks & Shares within the Traderji.com - Discussion forum for Stocks Commodities & Forex; i have 2000 shares of sterlite @515 running on heavy loss is there any chance ... |
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#1
1st October 2008, 01:25 PM
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urgent help needed
i have 2000 shares of sterlite @515 running on heavy loss is there any chance for it to reach this level in a weeks time as i can hold it till then only or should i come out now with the loss.
i have mundra too of equal qty. which is a better stock to hold thanks 
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#2
7th October 2008, 09:28 AM
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Re: urgent help needed
Quote:
Its a bit difficult to say whether the price will be reached or not in a week as the time period is very short to decide a target. I think the price of Sterlite is arounf 335 now and to reach the 515 buy price it should gain more than 50% from current level. Hope now you can understand whether its possible or not. My advice is to keep it for an year or exit when you get a bounce back in this week itself. There "may" be an orverslod bounce expected but not sure. Hari. Profitable variations: http://www.traderji.com/equities/244...low-break.html
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