Canara,Corporation,Dena and Karur Vysya - SL

Hi All,

Holding Canara, Corporation, Dena with 20% plus profit and Karur Vysya at par.

I've come across great advises across the forum and hence expecting opinions from all of you. Markets at lifetime highs, I'm unsure whether to take profits and exit or to wait. As of now I'm thinking of selling on spikes and buying back at little lower levels. If holding, what should be SL for these stocks.

Thanks
Naveen

 

Great ,Naveen.

 

Thanks Masih.

But, what is your opinion or what you would have done if you were in my place. Today I sold 70% holdings and bought back around the same rate. Indecisiveness. ( For me, technicals seldom work when markets exhibiting such fury. I presume most people out here would disagree with my statement )

Thanks
Naveen

 

You booked profit, Thums up for that. But you bought back at the same rate confuses me, you could have modified your stop loss. This is my opinion.

 

True. But, i sold thinking of buying it at lower levels. But then, I got the feeling that the stock had much higher chances of moving up again.

Thanks
Naveen

 

Replied the reason to original message.

Thanks
Naveen

 

Happy to have not booked meagre profits .
All stocks going one direction - NORTH.

Thanks
Naveen