InfinityCapital

Long Hathway above 34

Long
NSE:HATHWAY   HATHWAY CABLE & DA
Technical Trade - Powerplay
Trade active: Bought hathway at 33.60
Trade active: Booked 50% profits at 40.50
Trade closed manually: booked full profits at 47.5. trade closed

Comments

Can you please tell me its future projections,I have bulk bought at 47 rs.in holdings.Help me out please
Reply
@nitsmoney, the company has made profits are multiple years of losses. a fundamentally good sign, 47 is not the right price to buy this for the short term. the stock has run up quite a bit, it may rest and probably resume it rally based upon future earnings. it has a tendency of locking in circuits, the only rational stop-loss is now at 50dma
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