LT FOODS LTD
Long
Updated

Dawaat (Smallcap VWAP)

263
Buying small cap in the recent market crash carnage is very risky anyway, It showed a reversal from a major support line today.

  • [It is branded specialty Foods Company engaged in milling, processing. and marketing of branded/non-branded basmati rice and manufacturing of rice food products in the domestic and overseas markets.]
    [The flagship brand Daawat enjoys 22 percent market share in the branded rice market of India.]


The only bad part of this stock is - It is a favorite stock of telegram channel owners. It adds unnecessary volatility.
Note
Update Stoploss at 64
Note
Update Stoploss at 67
Trade closed manually
Exited at 68. I am bored to keep it.

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