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Ask Mint | On investments

Ask Mint | On investments
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First Published: Sun, Nov 29 2009. 10 28 PM IST
Updated: Sun, Nov 29 2009. 10 28 PM IST
I have long positions in Reliance Industries Ltd (RIL) and have rolled over to the December cycle. Should I stay long or liquidate my position? My holding is at Rs1,088.
I think you should hold currently and wait for the market’s direction on Monday and Tuesday. Technically, RIL is a buy at current market prices, with a target of Rs1,089 and a stop-loss of Rs1,012.
I hold 300 shares of Eastern Investments Ltd. What price could these fetch and till when should I wait?
M Agarwal
This company was listed on Calcutta Stock Exchange. However, not much data is available on this company.
I would request you to get in touch with the company, and try to get rid of illiquid investments.
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First Published: Sun, Nov 29 2009. 10 28 PM IST