BSE, NSE Stock Ticker

Monday, October 4, 2010

The IMPORTANCE of the TIME TARGET in a call

Thank you for your wishes. You should normally hold the script till the suggested hold time. For example, Raj Oil is supposed to be held till Dec 9th or the meeting of its target, whichever is earlier. It is much too early to start worrying. You should get concerned if your goal is not met by that period. Sometimes it may even take a few weeks longer.
 
And this is true for each and every recommendation I give. If a script which has a target to be achieved by 1 year (as stated in call) meets the target in 2 months, it does not suggest that all scripts will do it the same fast way. In fact, achieving targets very fast is not a good sign for most cases, since it is followed by deep corrections.

 
On Mon, Oct 4, 2010 at 3:40 PM, Shashikanth Shetty <shashikanth.shetty@synefra.com> wrote:

I am very grateful to you for the nice tips provided by you on this group.

At present I am holding Raj Oil, Tamilnadu News print & Kilitch drugs as per your advice but none of the stocks are showing any momentum since purchase.

Kindly advice whether I can continue holding this or sell at a little loss and go for some other stocks as advised by you.

 

Please revert

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