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
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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
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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
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Target 1 achieved
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Target 2 achieved
Trade closed: target reached
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Third target also done. Call closed Took 1.5 years to complete