Will holding essar oil shares be safe?

#1
I have bought about 50 shares of essar oil @ 77.95. Shall I hold it for some time??? like few more weeks or a month or so??? Or should I think of selling them at this moment. Cause the prices are almost everytime fluctuating... Seeking some expert's help.
Thank you!!!
 

KPKIRAN

New Member
#2
Essar oil has a strong support at 69.80 so even if it falls till 69 it might bounce back
And if it crosses a hurdle of 83 then you can easily achieve target of 93 to 100.

So my suggestion is HOLD with stoploss of 69 with 1target of 93
 
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#3
Essar oil has a strong support at 69.80 so even if it falls till 69 it might bounce back
And if it crosses a hurdle of 83 then you can easily achieve target of 93 to 100.

So my suggestion is HOLD with stoploss of 69 with 1target of 93
Thanks... but one more question to that. Does that(stoploss) mean I should sell all of them when they go anywhere below 69... or is it 69.80?
 
#5
Essar oil has a strong support at 69.80 so even if it falls till 69 it might bounce back
And if it crosses a hurdle of 83 then you can easily achieve target of 93 to 100.

So my suggestion is HOLD with stoploss of 69 with 1target of 93

Essar oil seem to be going down a bit. Today it dropped by few numbers. Please tell me. will it be safe to hold it???? or shall I release them???? Help
 

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