should i sell or hold 1 lot of dlf bought at 316.50

#1
Hi all

This is my first trade in futures.
today i bought 1 lot of dlf at 316.50 now the price has reached to 314 august expiry.
Should i hold the same till expiry so that i can atleast cover the brokerage.
dear all i sincerely request you all to guide me

Regards
Sanjiv
 

rajeabc

Well-Known Member
#2
Hi all

This is my first trade in futures.
today i bought 1 lot of dlf at 316.50 now the price has reached to 314 august expiry.
Should i hold the same till expiry so that i can atleast cover the brokerage.
dear all i sincerely request you all to guide me

Regards
Sanjiv
I think now DLF will correct and might see it around 290-280 soon. If trade start going in opposite direct and that too in a stock which had a nice rally recently ,it always better to stay aside and watch for some time.
 

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