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SHEETAL_UDESHI
Jul 16, 2021 5:44 AM

FDC Cmp 385.55 dated 16.7.2021 Long

FDC LTDNSE

Description

FDC Cmp 385.55 dated 16.7.2021

1. H&S pattern on chart.

Buy for a tgt of 475 SL 345

It is just a view, pls trade at your own risk

Comments
neeleshvm
Lo abhi 321 bhi tod diya isne. Now target 311
neeleshvm
Now brokers giving targets of 415 for next 9-12 months. Hopeless stock. One day spike followed by 10 days fall resulting in loss to investors
neeleshvm
Reserves and surplus grown from 1530 crores to 1717 crores, but what's the use when management not keen to reward investors rightfully. Also company did buyback last year of around Rs.100 crores out of that around 70 crores are pocketed by promoters themselves as they fully participate during the offer and only rest Rs.30 crores are been distributed amongst all the other investors category. Therefore post buyback this stock has never upheld it's gains and always corrected to its 52 week low . One of the most hopeless company and management across pharma sector
neeleshvm
Results on 12th , no news about dividend or buy back. What is your view on fdc targets for short term
SHEETAL_UDESHI
@neeleshvm, I m bullish
neeleshvm
No news regarding good dividend or any buyback is a indicator that the stock is going to fall majorly. FDC might post bad results as always and stock may correct beyond 7-10% post results according to me. Let see what happens on 12th😊
neeleshvm
Hopeless stock now as predicted gone into log term negative territory. Stop loss triggered. Targest 341. Results will be bad as always
neeleshvm
Wrong information about results date on your website. Abhi tak result date declare hi nahi hui hai bhai
neeleshvm
Gaya kaam se ye share. Target 351-45
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