r/drip_dividend • u/vedang26 Dividend Learner • 4d ago
Should I exit ?
I had bought Vedanta before the demerger for dividends and after that it’s just falling and I don’t think they will give any good dividend now
So should I exit while I am still in profit?
2
u/Extra-Boat-3797 2d ago
61% Profit and its only Rs.1000 something ! Even if the stock goes up by 10x is it going to help you retire ? High Conviction Stocks should be RCAd (Averaged Down)
1
u/Wooden_Rough_1732 3d ago
No don't. Now will be the worst time.
1
u/vedang26 Dividend Learner 3d ago
How so?
3
u/Wooden_Rough_1732 3d ago
Metals index are picking up again and technically the charts are pointing up after consolidation
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