Profit is always good to be booked, but, it is always better to stay invested in the good ones, and get your money out at the appropriate time only when you require it for something else than investing.
There is no doubt that Investers like me have suffered a lot during Jan-Mar 08 following this, and, I myself has seen 80 becoming 18 then, but no regrets, when one start investing through shares, he has to be prepared for such evantualities and only then invest and if invested in good ones never get panic in the bearish phase, rather use such opportunities to accumulate the good ones.
I am also hoping for the same,last 2 years i am holding 175 shares at 576,last week i bought 12 shares at 480 and today 23 shares at 431,i am using this opportunity and accumulating good stocks like siemens,next buy i am planning at 375,kindly suggest
Market is correcting .It is correcting 400 points on first day and recovering just 200 points next day and stocks like Tata steel,Tata motors,Siemens are ending lower each time.
As far as Siemens is concerned it went down very quickly from 413 to 376 in 2 trading sessions(July second week).I feel it is only short term trend.
you looks to be more bearish on this stock, this is most sought stock in capital goods space, once darling of FII`s, stcok will reclaim it`s past glory as commodity prices are lower & it has hived off other business
I am only telling it is facing resistance at 489 and it is evident since last three trading days.It will surely touch 552 and 646 in coming days.If it does not close 490 levels immedietly it can come to 467 and then change directions.
I am trying to accumulate more on dips
Today crossed 500 level quite confertably, and now full poised for testing the next targets, be quick to buy on dips for good profits in near term also.
| NIFTY 
