Plan for a Investment amount and divide it into 5 lots of 20% to enter in Bluedart till it holds above 5850. Enter in small intervals to get proper pricing. It is looking Strong Technically and Fundamentally as well.
Another Logic is understand the business module and the demand in current situation. NSE:BLUEDART
After a Quick fall of Profit booking I am entering 3 more lots of 20% each now balance 20% amount (1 lot) will wait for Break above 6000.
Revised Exit point (SL) is at: 5650.
2. If it was distribution then it should have move more negative when broader market was negative . This is my view it can be vary if someone looking at this from another angle. Rest we can have a clear idea which stocks are in more demand. Logistics are the one which not affected by pandemic but it was in more demand. Hope it clears.