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IIMA_Brat
Oct 31, 2021 2:01 PM

My Diwali pick: (1) Long

EXCEL INDUSTRIESNSE

Description

I find this personally undervalued stock. and any price movement above the symmetrical triangle will be interesting. But before putting any new money in the market, the strength of the Nifty should be ensured first.

if the market keeps on getting corrected, then it will be wise to sit out of the market & review once the market resumes its rally.

The time period for this play is at least 1 year, with a great upside is at least 50-80%.

Disclosure: Invested. Buy with your own conviction/study.

** Happy Diwali, Hope we will continue to make immense wealth going forward** :)

Trade closed: target reached

Exited at 1790. It was a perfect selling at the top for me! :D

Ciao.
Comments
manilkumar73
nice pick... the stock has nicely taken a base with multiple support
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