Long HDFCAMC for Long term near 1800 with stop loss of 1740 on closing basis.
Following are likely target Buy near 1800 Target 1 - 2700 Target 2 - 3300 Target 3 - 3800 SL 1760
Note
Once Aberdeen Investments sells all the shares to new promoter. Its time for new rally preparation and one of the main reason for the price fall from 3K
Note
One more good news. LIC increased its stake above 9% in this company by purchasing almost all market transactions.....wonder who was tightening the noose against shorters :D
Trade active
Target 1 achieved
Note
Target 2 achieved
Trade closed: target reached
Third target also done. Call closed Took 1.5 years to complete
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