I have a 800 shares of Aishwarya tele at prise of 125.00 and now it's prise is very low so what shale i can do

Question

I have a 800 shares of Aishwarya tele at prise of 125.00 and now it's prise is very low so what shale i can do

Answer 1

There's not much you can do right now. Best to do nothing. Worst thing you can do is to buy more shares at a low price hoping it will reverse soon. That's what shareholders of enron were doing.

Let this serve as a lesson for you. Next time you buy into a stock, and it doesn't do as you expected it to, close that position for a smaller loss. it's going to hurt, but at least you get to trade another day.

I wish you the best!

Jim http://jsforex.blogspot.com

Answer 2

I had heard about this share a few days earlier on TV. According to the expert the company is into equipment and might not be a great bet. He had suggested to exit the stock and  take something else.

Sorry about this news.

Answer 3

buy high, sell low!  ive been doing it for years.

Answer 4

This stock on technical chart is looking very weak and shall continue weak  unless stock crosses Rs.73 with heavy volumes.It is better to get out partly by selling 400 shares and invest in good stock where you can get capital appreciation so that your losses to some extent is covered.