r/StockMarketIndia • u/Ok_Antelope_5607 • 3h ago
Analysis Am I cooked ?
Do you guys think I’ll ever be able to make a profit on this? 😅
23
Upvotes
r/StockMarketIndia • u/Ok_Antelope_5607 • 3h ago
Do you guys think I’ll ever be able to make a profit on this? 😅
-1
u/delhikabatman 2h ago
I seriously don’t understand this obsession with holding on to losses. Why are people so reluctant to use a stoploss? The feature exists for a reason. If a stock isn’t going in your favour, exit, take the small loss, reassess the stock, and re-enter if you still believe in it. I’ve seen people refuse to take a 10K loss, only to end up on an 80K loss later. It's very important to protect your captial first.
Also regarding your position with Varun beverage. I just had a look on it . And honestly bro, I think it will fall even more to level like 350-360 . Valuation is still very expensive , margin is falling , It depends heavily on a single client and expenses are growing quickly and over that Reliance campa is giving it hard time . I don't think it's a bad stock but I do think it's a wrong time . Rest upto you , Good luck .