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garun1980
Senior Member
Joined: 10/Oct/2010
Location: India
Online Status: Offline
Posts: 223
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   Posted: 10/Oct/2010 at 7:19am |
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Hi friends,
I am new here, joined this forum yesterday. I wanted your opinion on REC. I sold out half of my holdings in REC on October 8 at Rs.387. I do believe that the stock has potential, but also wonder whether it has run its course. The impending correction of 5-7 pct, which may or may not come, is also on my mind. I do want to hold this stock, but believe booking profits now and then helps in lowering the holding cost.
Should I cover this stock in the next few days? What is the outlook for this stock? Can some of the seniors advise me?
Regards
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Back in school!!
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new2investing
Groupie
Joined: 22/Sep/2009
Location: India
Online Status: Offline
Posts: 68
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Posted: 12/Oct/2010 at 6:19pm |
hi all,
i want to know if one can short sell stocks for more than one day? I tried short selling once but i had to square off my position the same day. Is there some way to keep your short positions for a longer duration???
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Learner...
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chimak10
Senior Member
Joined: 30/Aug/2007
Location: India
Online Status: Offline
Posts: 1540
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Posted: 12/Oct/2010 at 7:15pm |
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F&o.........option for stocks are illiquid and in very few stocks are in futures too.
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SimpleInv
Senior Member
Joined: 10/Oct/2010
Location: Sweden
Online Status: Offline
Posts: 158
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Posted: 12/Oct/2010 at 12:12pm |
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I would like to hear your views on Zodiac clothing, Best casual shirts(z3) and party wear(ZOD). My personal opinion on few of the linen shirts is that they are as good as HUGO BOSS, if not better. very decent online store zodiaconline.com. Can't this be part of India consumption story?
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garun1980
Senior Member
Joined: 10/Oct/2010
Location: India
Online Status: Offline
Posts: 223
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Posted: 12/Oct/2010 at 12:18pm |
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I posted this query on REC and every time I get a notification I think its on REC. But from F&O to Zodiac ughh!!! BTW anything to with textile/esp retail textile is going one way..that is down..koutons..cantabil..irrespective of the fundamentals..i wouldn't venture there for now
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Back in school!!
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SimpleInv
Senior Member
Joined: 10/Oct/2010
Location: Sweden
Online Status: Offline
Posts: 158
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Posted: 12/Oct/2010 at 9:50am |
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Zodiac is my query Arun :). I am holding REC since IPO days, it is a solid company.
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garun1980
Senior Member
Joined: 10/Oct/2010
Location: India
Online Status: Offline
Posts: 223
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Posted: 12/Oct/2010 at 9:57am |
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Yes sure agree..i have booked decent profits but have covered my position and gone overboard a bot on it so just trying to get some tech analysis perspective..i am not an expert on that..goin by the trend it may correct to 350 from the cmp of 380..so wondering whether i should sell out right now and purchase at a lower level..say in two months:)
like i said..stay out of textile for now..its the kouton's overhang..cantbil is gettign thrashed as well cos of that
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Back in school!!
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new2investing
Groupie
Joined: 22/Sep/2009
Location: India
Online Status: Offline
Posts: 68
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Posted: 23/Nov/2010 at 7:14am |
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hi fellow teddies, i have the following query -
If one wants to open one more trading account with some broker other than his current one, then will a new demat account also be opened or will it be just 1 more trading account linked with the demat account he currently has?
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Learner...
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