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Discussion in 'Technical Analysis' started by chandrasekaran_s, Feb 2, 2016.

  1. chandrasekaran_s

    chandrasekaran_s New Member

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    Hello Guys

    I am really worried about my portfolio. My GDL stock is bleeding, loss almost touching 3000. Wanted to sell this stock and invest in some other stock to cover the losses. I only have 20 shares in GDL and want to put the money from this share into other shares like Ashok Leyland, SBI etc. If you guys have any suggestion on this please revert back to me. I bought this share with long term vision but due to the delayin GST bill, this stock going from low to low. I am really worried.

    Thank You
     
    chandrasekaran_s, Feb 2, 2016
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  2. shabbir

    shabbir Administrator Staff Member

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    I would definitely come out of GDL technically but then if investing I would avoid SBI for sure at current levels.

    Ashol leyland when invested at the right time and price, can be good stock to accumulate.
     
    shabbir, Feb 2, 2016
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  3. chandrasekaran_s

    chandrasekaran_s New Member

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    I already have Ashok leyland @ 74.7. Should buy some stocks now to average it for a long duration? Why SBI is good at the current levels? Should I wait for more time to invest in it? I think SBI has broken the support levels of 200ish.
     
    chandrasekaran_s, Feb 2, 2016
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  4. shabbir

    shabbir Administrator Staff Member

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    I did not say good but avoid SBI.

    Regarding ashok leyland yes its a good stock to add more but only if you are long term trader and want to hold for more than 3+ years.
     
    shabbir, Feb 2, 2016
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  5. chandrasekaran_s

    chandrasekaran_s New Member

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    I already have Ashok leyland from past one year. Is the passage of GST bill can turnaround the GDL stock? Should I wait for some bounce back on this stock? Why this stock doesn't perform when nifty is performing well? I am really amazed to see kind of movement in this stock
     
    chandrasekaran_s, Feb 2, 2016
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  6. shabbir

    shabbir Administrator Staff Member

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    Can you share why you think this stock should perform and so I can help you to see where you are doing things wrongly. Provide as much details as possible.
     
    shabbir, Feb 3, 2016
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