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Q.

Can I sell my L & T shares now? I bought them at 1450. Or will the prize values increase still?? Need some assistance

About: Money

Tags: money, relationships, education
Asked by vrkishore, 18 May '10 12:49 pm
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Answers (7)

1.

When you have a profit just sell it, when goes down you can buy.
Answered by Kumaresan, 18 May '10 01:20 pm

 
  
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2.

Unless you have a pressing need for cash, you should retain these shares upto end of June-2010 so that you can review. The company has done well in Q4 of previous FY and has substantial orders under execution. Q1 targets seem to be achievable
Answered by Suraj Bharat, 18 May '10 01:15 pm

 
  
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3.

Hi Kishore. L&T is showing good strength on charts. It has a potential of kissing 1720 by this week ending. Sell some of your shares at 1700 level and then you have both options: "Buy on Dip" and "Sell on Rise". To be hones, this stock is NOT a trading stock. It is to be kept for a long term horizon. Its a platinum scrip for anyones portfolio. All the best and happy trading.
Answered by Sunil Sodegaonkar, 18 May '10 03:05 pm

 
  
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4.

NO sell HOLD for next week target @1750
Answered by shrikant, 18 May '10 02:39 pm

 
  
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5.

Stock market has shown erratic behavior, so keep a strict stop loss of 3% from current price and then wait. If the stoploss gets triggered then sell off. else wait to capture the upward momentum..

All the suggestions given by people to wait for 3 months, 6 months, 1 year are crap as we cannot say what factors drive the markets by that time.
Currently the greece crisis, next the piigs crisis, and then some thing else.. so protect your profits using strict stop loss

one more thing, L&T performance cannot be measured Quarterly as there is a long gestation period for the orders to be executed. so, since the medium term is uncertain, don't listen to suggestions which say wait for more than 3 months or something like that
Answered by abc, 18 May '10 01:47 pm

 
  
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6.

You can sell L&T as it has gone up on good results. I has to correct. Sell and book profits.
Answered by shankar balasubramaniam, 18 May '10 01:46 pm

 
  
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7.

Better to sell now and wait for correction
Answered by RSehgal, 18 May '10 01:35 pm

 
  
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