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Dilemma about current holding

Discussion in 'Technical Analysis' started by ganesh_devkar, Jan 19, 2017.

  1. ganesh_devkar

    ganesh_devkar Member

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    Hi,
    I'm holding some shares of Infosys waiting for booking the profits, on other hand I've been watching Welspun India scaling back to its peak.... thinking of selling Infosys shares and buying Welspun India....is it the right thing to do at this time?

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    ganesh_devkar, Jan 19, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Welspun was on my radar when it felt from 100 to 50 and I wanted to get into it at those levels but it has higher than my comfort levels of debt and so did not consider it.
     
    shabbir, Jan 19, 2017
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  3. ganeshc89

    ganeshc89 Builder

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    you can hold infy because its a zero debt company and overall quality of comapny is good but it may breach the 900 level and you also know about h1b visa problem and trump already said in speech "buy-american and hire american" means he totaly going to focus on his people now so you know what i mean it affects the IT busness of our comapny like INOFSYS and TCS etc in other countries especially on america.

    thanks.
     
    ganeshc89, Jan 24, 2017
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