MGL is more like precision camshaft, you money will go into gestation period for long and it will get stuck. Better to invest in stock which fetch you money fast and at the sametime take advantage of bullish market. Just my opinion.
gamble ji, just because you bought MGL at 502, you are asking to buy MGL. Its your choice.
I had purchased again today quess 50@481, it is doing well at 494. so i have 100@469, after i had sold allotted 45@487 on listing day.
I had confidence in MGL and did not sell on listing day and sold last week 105@506. after which it went to 492 before recovering to 490 today.
All i am saying is there are some stocks like dominos pizza if you remember, it was issued at 135 Rs listed at 192 and i kept watching it going to 1200 Rs without entering thinking it is too high a price for me to enter. But it went up daily.
All i am saying is if you are confident on a stock hold it. I never built a portfolio and always been a flipper mostly in primary market as i have a full time job and can''t spend time on this. But now, i have decided to keep some stocks for longterm and build one.
Some turn out to be winners and some turn out to be losers, but you need to balance and ensure that you are in positive in terms of money invested, otherwise you will lose your sleep and peace over it.
Yes u r thinking that way.it is okay btw u should have proud of ur own way of thinking...yes i choose mgl over quess because i found mgl can correct less compare to quess,,,i do not bother if my holding goes down,i just add it on every fall ...i will do same with mgl if i got chance at lower level...
Everyone have to confident for their buying/holding stock...if u believe that it can go up then it will...:)
Quess will be better performer compared to MGL. Where there are more delivery volumes, chances of shares going up are very less are floating shares are less!!!!
Khemkaji plz make firm decision about quess...ur hoping for 400-430 type or 580-600 type, if tommo it will go down then u will say "430 possible "..plz clear ur stand in quess.do not go with market liquidity.
Shear bed luck !! I put stop loss at 453 yesterday, so that I could hold it for 2/3 months for a target of 560-575. But as soon as my stop loss is hit today it bounced back to 487. Just made 6k profit.