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Ajit Mishra | Answer |Ask -Follow

Answered on Aug 01, 2020

Question by Ravi on Aug 01, 2020Hindi

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I hold 16800 Qty of graphite and 760 HEG ltd but bought at 389/share and 2500/share when the cycle was up.

Now since I m in losses and immediate term performance is impacted, I can hold for long term for bounce back. (Long term = more than 5 yrs).

Do you think it is worth holding and we can see 500/600 levels in Graphite? Your views pls.

Ans: Exit both the stock, due to unstable financials. We would not recommend you to hold it and exit on rise.

DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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