sir i m holding ITC 700 shares @ 265 and M&M 200 shares @ 608. your view is hold or average it. please advise

2019-08-13 17:17:44

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    Senior Analyst
    2019-08-14 08:44:58

    Averaging a loss making bet is a wrong way of investment and trading and hence we would not suggest you to average. Both the companies you hold are blue chip companies and are part of nifty. As we have seen correction in overall market and sentiments are negative. So both the companies have seen profit booking. Hold both the position as the sentiment get positive both stock will start performing.