Are You Keeping Hold of Bad/Loser Stocks – It’s Time to Release Now
You need to be aware about the stocks that you are holding. There are many investors, who take profits by selling their valued investments, but they keep hold of stocks that have begged off in the hope of a return. If you do not know when the right time is to let go of hopeless stocks, then you may be in the worst-case scenario.
You may see the stock sink to the point where it is essentially worthless. The best way to remember the great theory is that you must hold onto high-quality investments and sell the poor ones. However, this is hard to put into practice.
Sell SAIL, target Rs 61
Analysts have a sell call on Steel Authority of India with a target price of Rs 61. The current market price of Steel Authority of India is Rs 68.20. Time period given by the analyst is Intra Day when Steel Authority of India price can reach the defined target. It is recommended keeping a stop loss at Rs 73.
Sell DLF, target Rs 145
Analysts have a sell call on DLF with a target price of Rs 145. The current market price of DLF is Rs 162.55. Time period given by the analyst is Intra Day when DLF price can reach the defined target.