Q.
I have 500 shares of RPL @ 221.50. Will I hold it ?
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shares of rpl
Asked by neelakanta menon,
04 Dec '07 04:33 pm
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Answers (4)
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Hi menon,
HOLD is the right answer as even if you want to sell what profit will you make?
this is a share for along time investment lets say more than a year.
if you are not in need of the fund that you have invested my advice will be to HOLD it as it will touch new highs, currently there will not be much gain in the nex 3 to 4 months but as pertoleum prices increases which will be after elections in some states the price will again go high and as per some analyst it give returns more than 5 to 7 times so a good idea to hold it.
If you are in need of them now and if you have put all your eq in only this company my suggestion will be to sell some lets say 250 at a profit when the prices reaches 250+ and invest it in 3 to 4 companies.
rest all depends on you.
regards
Mangesh
Answered by Mangesh Desai, 04 Dec '07 05:00 pm
HOLD is the right answer as even if you want to sell what profit will you make?
this is a share for along time investment lets say more than a year.
if you are not in need of the fund that you have invested my advice will be to HOLD it as it will touch new highs, currently there will not be much gain in the nex 3 to 4 months but as pertoleum prices increases which will be after elections in some states the price will again go high and as per some analyst it give returns more than 5 to 7 times so a good idea to hold it.
If you are in need of them now and if you have put all your eq in only this company my suggestion will be to sell some lets say 250 at a profit when the prices reaches 250+ and invest it in 3 to 4 companies.
rest all depends on you.
regards
Mangesh
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hold ;hold and hold as expected to touch 1000 by 2008 end.
Answered by DEVENDRA RAINA, 04 Dec '07 04:39 pm
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