One of India's biggest wealth maker is giving opportunity to enter. India VIX has fallen, global tensions seem to be calm. If Crude is under control then margin pressure will be released and profit may see good upside. Sufficient demand is already there.
Trade closed: target reached:
First target was achieved within days but then all supports were given up as Nifty continued the fall. Above the support levels now but exiting the trade. Will now wait for another price action before entering again. Fundamentals are good, has given massive returns historically but competition is rising with JSW, Aditya Birla group entering the foray but so is the industry.