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Sell or Hold - IFCI shares

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  1. #1
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    Sell or Hold - IFCI shares

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    I have IFCI 500 shares, I am holding this stock from long. It is around 2 years and my average cost is now 49 rupees . I am not in loss neither in profit but should I hold this more. Today it reached Rs. 57. I can hold for long if there is any chances of good return.

  2. #2
    priya0710
    priya0710 is offline eTI Iron
    In order to earn maximum traders must understand the significance of right timing. It is required to buy and sell at the right time to gain maximum benefits. Also trading strategy depends on present market conditions.

  3. #3
    Rohit Chandra's Avatar
    Rohit Chandra
    Rohit Chandra is offline eTI Iron
    Quote Originally Posted by priya0710 View Post
    In order to earn maximum traders must understand the significance of right timing. It is required to buy and sell at the right time to gain maximum benefits. Also trading strategy depends on present market conditions.
    This is not right answhere, I suppose you should give some insight, advice instead of just filling up some random text ?

  4. #4
    priya0710
    priya0710 is offline eTI Iron
    I am stating my views on when a trader should decide to buy/sell and what factors are to be considered.

  5. #5
    Rohit Chandra's Avatar
    Rohit Chandra
    Rohit Chandra is offline eTI Iron
    Quote Originally Posted by priya0710 View Post
    I am stating my views on when a trader should decide to buy/sell and what factors are to be considered.
    Still that post is from 2009, lets say he has not sold his shares yet then I suppose he is just blocking his money, today its about Rs. 23 , which is lot lower. From last 5 years, this is hovering around Rs. 25-35 . I suppose its not a good script for long term investment , however could be nice to buy at current price point. May be in a month or two, it will taste again Rs. 30 or 35 .

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