Stock Trading?
I purchased Reliance Natural Resources shares at Rs. 35.50. Should I hold them or quit. Is there any rise predicted in these in 4-5 months time. Thanks in advance
Public Comments
- Why did you buy the stock? Do those reasons still apply?
- It is very difficult to predict what the Commodities sectors will do. There is so much unknown right now within Oil, Energy, Gold, etc... My firm is very bullish when it comes to Oil and other energy sources. Especially with Mr. Bush at the helm. He has a vested interest in Energy companies....regardless of whether or not he has direct ties. Protect your earnings with a Trailing Stop Limit. So every time the stock rises your stop limit adjusts to whatever you can stomach in terms of a decline. I usually set my limits at rough 10% or 15% south of current ask price.
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