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Sir i have bought 800shares of corporation bank @ rs 405 as i am a short term investor shall i hold it or sell


Sir i have bought 800shares of corporation bank @ rs 405 as i am a short term investor shall i hold it or sell

I can not answer that question for you. You will have to answer it. Here are a couple of points to consider in making your decision.

1. Is the price of the stock still attractive or has it increased in value so much that there is great risk that the value will drop?

2. Are there other more suitable investments to be made with the money?

3. Has the outlook for the company changed in some way that makes it less attractive than it was when you bought it?

4. Is the technical chart for the company bullish or bearish? It the price of the stock above the 50 day moving average? Has the price at a new high? Or has the price fallen below the 50 day moiving average? These should be very important questions to a short term investor.

5. Last buy not least, what are the tax consequenses of selling the stock? Are you going to owe a great deal of taxes if you sell? The year is almost over. Would it be better to sell next year? Would it be better to take only a portion of the profits/losses?

I beleive you did some research before you bought your shares. before desciding when you hold or sell it. You should have planned for a profit target you wanted and how much lost can you tolerate, Knowing this should help you descide when to hold and when to sell your stocks. You can still set your profit target and your cut loss point while you have the stocks,

Get information on economic indications and indexes sorrounding the stocks you purchased.

I have been trading currencies and shared my market commentaries to stock brokers for several years. It is still in my system. I hope this basic insight, enlightened you. If there is anything you think I can help you with, feel free to connect.

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