What is better, hold the portfolio or churning the portfolio? Considering the transaction/demat charges and assuming pretty good companies which will more profitable holding a stock for a period of time or buying low and selling high?
For eg. I have bought Tata chem for 715 and after that it went up to 890 and now back to 790. Should I have sold it at higher rate and bought it again on correction or my holding decision is correct?
Hi,
See if you believe in the long term growth of the company & you don’t need the money right away plus you have the patience to hold it then you should definitely hold the stock.
If you have the mindset of a trader & you see that you’ve made good amount of profit & there is any indication according to technical analysis, then you should sell the stock at a profit.
Hope this helps!
Hey,
You should have know this before entering into trade.
you must be doing some research before entering into trade and while doing this research you must have buy this stock with a vision it could be short term or it could be long term as well but you must have decide and what if things will not work in your way so where you should cut your losses.
Everything you should know before you enter into any trade this will help you generate consistent return and also at the end of days you don’t have any dilemma the you have done anything wrong.
That all from my side but if you wanna be in a market for long term you should have some rules for short term trading and for long term you must have some theory which explains your perspective.
And for this stock according to me you can hold it. It could be multibagger stock. you must have observe that promotors holding is increase every Quarter and also it have solid investment in Tata sons as well and even their sole chemical business is able to earn 500 crore each year and they is no questions arise on corporate governance if Tata is there.
Hope it help!!
It depends on many factors
1.Your Mentality
2.Time Period
3. Investor or trader
4. Company Profile
5.Other opportunity in mkt
6. Needs of fund
7. Chart pattern of Share
8 data of share
There can be many other factor