Should be a long term play, looks strong from the medium term. Beautiful Chart. MCap less than 10K Cr, poised for growth, strong fundamentals, strong technicals.
How to build Positions - Gradual scale in is your answer. Do not put in money blindly at open, good thinks take time to build and so should your portfolio.
SL - 480 (roughly 11% away, slow accumulation should help get your average price less than 7% away from this SL)
How to build Positions - Gradual scale in is your answer. Do not put in money blindly at open, good thinks take time to build and so should your portfolio.
SL - 480 (roughly 11% away, slow accumulation should help get your average price less than 7% away from this SL)
Trade active
Note
Shakeout in play, how do i assess this? Look at the volumes during this pullback. It is very likely we keep heading lower and then one big candle covers all the loss. Stay in the trade till SL is breached
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.