Dear friends
It seems you entered stock market a few years back, in 2007 this stock was around Rs120, and those who were in stock market that time they knew very well how this stock has fooled the investors.
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You are absolutely right my dear friend. I joined stock market in year 2007 when sensex was at pick. any stock never make us fool till we r not ready to make ourselves fool. here is stock market my mine is yours and yours is mine. this is how you have to play . may be you were the guy who bought it at Rs120 and i was the one who sold it at such lebel. what i need to tell you is---you should learn when and where to make entery and when to exit. just identify the stocks and it`s flow. if you will learn it then no matter where sensex is heading...you will always find a stock which will give you decent profit. now it`s time to buy Dishtv but you r against of it but i am not. i will keep buying from 40 till all down lebel and will sell above 60 within a month. learn somehing as quickly as you can otherwise clever people will always enjoy eating your money.
This is the basic philosophy which all people share whenever they get time but fact of the life is all the money which you earn on actual basis, is treated as smart person. Buy Dish TV...It would reach 110 in next 3 months.
I am well aware of this fact that this stock had tested even Rs.149/- level in 2007, when this stock was demerged from Zee Ent.I too got 17 shares of it for holding some shares of Zee Ent.Then it started downward journey. i started accumulating at every level .Remember this stock has tested the level of Rs.12/-also during the high time of global financial meltdown.Right Issue came at Rs.22/- I bought 4250 shares at right issue price of Rs.22/- Now my holding is of 8300 shares at average price of Rs.32/ and I am patiently holding on to it .This period was extremely exceptional, first of kind after great depression of 1930.This does not always happen . From the lows of Rs.12/-, it has reached level of Rs.57/- again came down to Rs.31/ few days back, again it is at Rs.41/- One has to have patience and has to do some trading also .Otherwise we shall keep cribbing but will not gain.Buy when everybody is selling and vice- versa and hold for some time , you will get decent gains.Given the sequential growth quarter after quarter , it is going to breakeven soon,once that is done , one may not find this share at this level.Therefore,take a informed decision and not hasty one for keeping your holding or offloading it.
you are absolutely right. we should always trade half quantity of our shares. if it flies in upper direction then we should keep selling in small quantities and same should be buying strategy. if it falls more than 20 % then buy , again buy if it falls 20%. it brings our buying price down and we don`t cry about telling the high price of any share when we bought any on their peak.
Beg to differ here. why not accept Loss in stock A and get it compensated with Stock B. Averaging policy can be applied in less volatile stocks i.e NTPC. The problem with trading is you throw away lot of money to brokers. Am not sure about others I have thrown 25% of my net profit to ICICI in 2 years.