Hey Folks !
In this Idea I am going to share you all a stock which is now available at a great discount.
Before moving to further discussion let me quickly share the only 3 Buying points which have potential and are a good buying point to accumulate the stock. First is the Current Market Price which is 123 , Second is 113 and the Third is 95.
If the stock goes below Rs95 then consider that you are getting the stock at a massive discount.
I dont know when this stock is going to move up but these levels wont let you down if you are a long term invester.
I have added only few levels to the Upside for now but later i will republish and update the Idea.
Now How these levels work?
On the chart you will see two coloured channels Red and Green.
I consider lower level of the green channel as a value buying area and Middle level as a normal buying area.
Target for these buying area are the Upper levels of the Green channel.
Generally i provide Stoploss to but For few stocks i dont prefer stoploss, Like in this stock all the 3 levels are the Good buying area for long term investment.
This analysis is made according to my Risk appetite ,i am not recommending any thing here , But i must say use these levels with you analysis to have an extra edge .
All the Best Folks !
For any Questions just drop a message.