Stocks To Keep A Close Eye On

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Hello Savant Sir,

I bought 50 shares of United Phosphorous at 183 = some 9200Rs.

Bought only 50% of my total planned investment as you said but to my dismay I needed money so removed my balance money frm account and went out of station but today I saw that it has ended in the levels of 150s :-(

Shoul I sell and book loss or leave it for a longterm(I can leave it) as I dnt have money in my account to buy at lower levels.

May be next month I will have some money. :)

Regards,
Rafiq.
 

bunny

Well-Known Member
Hi Savant sir,

I have Godrej Industry at the level of 160 and neyveli lignite at the level of 137..please suggest ..what I have to do...should I exit or Hold???
GODREJIND:
I think this stock is being distributed(perhaps distribution is also completed) and rapid mark-down will follow.

I suggest you can sell it now and if you are interested in holding it for long term, you can buy at a lower level later.

 

SavantGarde

Well-Known Member
Hi Rafiq,

I Suggest Stay With UNIPHOS...For Sometime.


Happy & Safer Investing

SavantGarde

Hello Savant Sir,

I bought 50 shares of United Phosphorous at 183 = some 9200Rs.

Bought only 50% of my total planned investment as you said but to my dismay I needed money so removed my balance money frm account and went out of station but today I saw that it has ended in the levels of 150s :-(

Shoul I sell and book loss or leave it for a longterm(I can leave it) as I dnt have money in my account to buy at lower levels.

May be next month I will have some money. :)

Regards,
Rafiq.
 

bunny

Well-Known Member
Hi Savant sir,

I have Godrej Industry at the level of 160 and neyveli lignite at the level of 137..please suggest ..what I have to do...should I exit or Hold???
NEYVELILIG:


The stock could move up from here as it in a area of support and reduced selling selling pressure. However, in the near term, if it breaks below 130 on high volumes, you may safely sell the stock as it may indicate that a rapid fall is in the waiting.
 
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