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Top-up portfolio

Discussion in 'Investment Analysis' started by manickarajan, Sep 24, 2020.

  1. manickarajan

    manickarajan Responder

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    When will be the right time to add (average up) stocks if already in profit on long term portfolio..is there any condition to be considered..
     
    manickarajan, Sep 24, 2020
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  2. shabbir

    shabbir Administrator Staff Member

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    When you have the money and you see a correction in the stock without any change in the fundamentals.
     
    shabbir, Sep 24, 2020
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  3. moin000

    moin000 Member

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    Greetings.
    Can you please suggest a percentage of correction for accumulation.
     
    moin000, Sep 24, 2020
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  4. manickarajan

    manickarajan Responder

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    I have one stock 170 qty with AVG price 315..now the price is more than 800..but I am thinking to add more since it good stock for long term.confused what price to add ..any ema,rsi concept will work??
     
    manickarajan, Sep 24, 2020
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  5. shabbir

    shabbir Administrator Staff Member

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    You have to be courageous enough to buy when you see good opportunity and so even 5 to 10% correction can be a good point to start adding positions.
     
    shabbir, Sep 25, 2020
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  6. shabbir

    shabbir Administrator Staff Member

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    I am not a fan of RSI and EMA but one can use them in extreme cases.
     
    shabbir, Sep 25, 2020
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  7. moin000

    moin000 Member

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    Thanks for the suggestion.I think this is oppetunity to add in ITC,HUL etc.
     
    moin000, Sep 25, 2020
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