1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Advise

Discussion in 'Technical Analysis' started by chandrasekaran_s, Apr 30, 2015.

  1. chandrasekaran_s

    chandrasekaran_s New Member

    Joined:
    Feb 23, 2015
    Messages:
    26
    Likes Received:
    0
    Hi all

    Holding GDL@426, Ask Lyd@74.7, Idea@178.4 and PNB@167.5. The time frame is for 1-2yrs.

    Can anyone comment what shld I do with present market scenario?
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    For a time frame of 1-2yrs, it is tough to only be trading and so you should be investing as well and in current market scenario, I would not invest lumpsum for long term. That being said for stocks I would do the following.

    GDL - Hold with a stop loss of 350 but then it is very bad stop loss now and so if you cannot execute the stop, it can be little difficult.
    Ask Lyd - Get out of it at no profit no loss.
    Idea - I would never do any investment in telecom stocks because they just work for pennies and no customer is ever satisfied. On top of that TRAI is always behind the companies. Something that is enough for me to be avoiding investing - http://shabbir.in/fundamental-analysis/
    PNB - HOLD if your view is very long term and not otherwise.