Every one is very curious what is target price of the stock!!!! But as per my view there is no upward target of the stock because you dont know that how many years stock will give you return. Rakesh Junjunwala is holding titan since Rs 30 15 years ago, still he has never asked what is target or he could not know the target and still holding since last 15+ years. But yes downward last target of the share is definitely zero. So never chase the target.
Booking profit out timely is important !! These many years dlf,unitech have spoiled the long portfolios
ReplyDeleteyou are right sir, But what happen that people hold the stock for 2-3 year in which they making loss, and sale the stock when they get 20-25% return in one month. And they miss big profit opportunity, just look garware wall who holding since last 2-3 years making huge profit. First you have to identify which horse is for long run and have to hold tight.
ReplyDeleteThanks