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  #1  
Old 17th December 2007, 12:03 AM
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Default Can anybody help

Dear Friends,
I have 200 shares of MRPL bought @ Rs 60/-. Now It has reached 135. Shall I sell those shares or shall I wait for better appreciation. I am holding this shares for nearly 5 yrs. now. Pl. comment. Thanks to you all.
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  #2  
Old 18th December 2007, 12:51 AM
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Default Re: Can anybody help

now may not be an ideal time to sell. u may sell it after the market bounces back.
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  #3  
Old 18th December 2007, 09:22 AM
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Default Re: Can anybody help

Quote:
Originally Posted by subhro View Post
Dear Friends,
I have 200 shares of MRPL bought @ Rs 60/-. Now It has reached 135. Shall I sell those shares or shall I wait for better appreciation. I am holding this shares for nearly 5 yrs. now. Pl. comment. Thanks to you all.
You can sell half shares from it and if market dips down more you can buy it at lower level
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  #4  
Old 18th December 2007, 09:23 AM
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Default Re: Can anybody help

sell 75/100 take out d money u invested plus yr basic 7% return ..rest hold forever forrget abt it..loook for fresh area 2 invest..go fundamentally if u an investor
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  #5  
Old 18th December 2007, 10:28 PM
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Default Re: Can anybody help

Quote:
Originally Posted by subhro View Post
Dear Friends,
I have 200 shares of MRPL bought @ Rs 60/-. Now It has reached 135. Shall I sell those shares or shall I wait for better appreciation. I am holding this shares for nearly 5 yrs. now. Pl. comment. Thanks to you all.
Hi subhro,
MRPL has broken out of a multi-year consolidation. Such breakouts usually result in prolonged up move with occasional correction. In my opinion you should hold it and not be shaken out by occasional correction. You are likely to see much higher price.

Laksh
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  #6  
Old 23rd December 2007, 08:39 AM
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Default Re: Can anybody help

Subhro,
I must agree with Laksh, It just started moving. It takes a while for the script to move into limelight. If you could hold a little longer, you will be surely benefited.

Cheers

Quote:
Originally Posted by Laksh View Post
Hi subhro,
MRPL has broken out of a multi-year consolidation. Such breakouts usually result in prolonged up move with occasional correction. In my opinion you should hold it and not be shaken out by occasional correction. You are likely to see much higher price.

Laksh
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