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Advice on Escorts Share

Discussion in 'Technical Analysis' started by vinod_vatsa2003, Feb 16, 2019.

  1. vinod_vatsa2003

    vinod_vatsa2003 Member

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    Hi,
    Request your views on stock of Escorts. I have made some investement in phases based on certain advisory services.
    Regards
     
    vinod_vatsa2003, Feb 16, 2019
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  2. shabbir

    shabbir Administrator Staff Member

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    Stock is good but I think you have purchased at higher levels. There is no point in booking out of this stock at around 15ish PE but if you want to wait, just take a note it will be a very long and boring wait.
     
    shabbir, Feb 18, 2019
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  3. vinod_vatsa2003

    vinod_vatsa2003 Member

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    Thanks for your views. My average price is 20% higher than present market value and I initially planned it to keep for 3 years. I plan to wait till election results.
    Regards
     
    vinod_vatsa2003, Feb 18, 2019
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  4. shabbir

    shabbir Administrator Staff Member

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    Should be good enough time to hold. Should give you decent returns for sure.
     
    shabbir, Feb 19, 2019
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  5. vinod_vatsa2003

    vinod_vatsa2003 Member

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    I am at 64% positive from my average price, please share your views if this is right time to exit
     
    vinod_vatsa2003, Feb 14, 2020
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  6. shabbir

    shabbir Administrator Staff Member

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    Unless you need money I don't see a reason to book out. Company has a long way to go and can show good growth in the coming years. Do you doubt the growth in the coming years?
     
    shabbir, Feb 14, 2020
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