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Q.

I have 100 shares of Baj Hindustan@Rs 215/-. Its coming down. Please advice what to do?

About: Money

Tags: money, careers, education
Asked by kishor sahu, 09 May '10 09:42 am
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Answers (2)

1.

Average with double quantity around 100 and tripple quantity if it slips to around 78... holding for long terms is the only way forward for investors... I have started buying around 120 and will continue do so even if goes down to 50 or 40...... cos in India every 2 years there has to be bull market... and most stocks claw back to uniginable levels... exit when evrybody is bullish and get greedy when everybody is in panic.... thats the Warre Buffet way
Answered by Soumitra Mukherjee, 09 May '10 01:43 pm

 
  
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2.

Sugar shares are on the decline but will rise definitely but slowly. Buy more if possible and have it averaged. You may expect a better price by October this year.
Answered by Dharmarajan, 09 May '10 09:48 am

 
  
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