Wednesday, June 6, 2007

You should not love shares when best for sale.

It is mostly observed that we do not sale share which are fetching good amount because we love to keep the shares with us. This is not the correct decision.We should sale the shares when the price is best during that week or fortnight or even on the day and keep order to buy at lower fixed rate we decide best to buy. In this way we get the profit which will recover at leat interest amount for some months or years so that we can hold the shares for some time.
Never sale the shares which you are not in possession of,otherwise, if the price increases,you have to book loss or go for auction of shares incurring huge loss. If at all you have to do so, keep stop loss.
If you want to purchase shares ensure that the price is best for buy and if purchased keep for sale with at least 4% more of purchased price judging the price trend of that industry.

Shrinivas Gosavi , shrinivasg@youtele.com

No comments: