Vashisht_CFTe

ESSEL PROPACK (BULL, MEDIUM TERM)

Long
NSE:ESSELPACK   None
This is only my opinion not financial advice.
The stock looks short term overbought so feel comfortable in accumulating on dips.
Comment: Good time to accumulate. buy
Trade closed: target reached

Comments

Fantastic, but Red Flas is the DOJI. Therefore, the range between 138.2 to 139.2 profit booking can be or interval in stocks.
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Vashisht_CFTe Kinnari_Prajapati
@Kinnari_Prajapati, Good observation. Short term, it does look kind of overbought as i mentioned in the description hence not going in for short term trading in this one. Another reason for Medium term accumulation is Private equity giant Blackstone announced that it would buy a 51 per cent stake at Rs 134 per share and then will look at another offer around 139.
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