Equity / Stocks - What to do with ivrclinfra in MARKETS - Hello, I have a holdings of 200 ivrcl@ of rs65, please suggest me whether i would hold the stock or ...
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What to do with ivrclinfra

  1. 07-04-2012 04:50 PM
    andysteven

    What to do with ivrclinfra

    Hello,
    I have a holdings of 200 ivrcl@ of rs65, please suggest me whether i would hold the stock or quit from the stock, as i find its current price is going around 53, and i believe its next resistance zone is 55, and most of the time , it goes above that price, as i am holding the stock from 2009 after lok shabha election, and i infact booked a good profit from that stock when it hit around 120 on very next day when the election result got out, ao i am pretty sensitive on this stock , simultaneously my close relatives marriage is very close and i need immediate money whats should i do? should i hold that stock or square it off at what price it would be better to quit to book the profit, fundamentally i find the stock is good, but not sure about its technical levels nowaday,

    Please guide me what should i do

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  2. 07-04-2012 04:56 PM
    rmani84
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    IVRCL runs at a debt of 2000 Crores ... Recent results have been disappointing ... There's not much to be had on the upside ...

    I would suggest you to exit ... Whether you decide to re-invest into better stocks or encash is up-to you ...

    If you have a necessary need, then i would suggest to en-cash ...
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