scorpiomanoj
Long

Infinite computers - Early bird

NSE:INFINITE   INFINITE COMPUTER
Infinite computers
CMP 380.
Target 500 plus
Stop 275
Monthly
Stock has broken past 3 year resistance zone with good volumes.
Stock has a sort of rising W pattern breakout.

Trading is my passion.
Excellent pick Sir. And sure it will cross the target . Just one point , at this juncture is it worth eating for correction or caninitiate BUY ?Thanx.
Vakharia M J
Reply
scorpiomanoj MaheshVakharia
@MaheshVakharia, Thats the sacrifice one should be ready to make. It depends. If entry done at cmp one should be willing to absorb a possible retracement. If one waits for retracement, he should be willing to accept a possible situation of missing out this stock just in case retracement doesn't happen. So ulitmately it brings to a point of risk appetite. Alternatively one can enter in tranches, say 25% at cmp and any retracement can add 25% more and so on.
Reply
MaheshVakharia scorpiomanoj
@scorpiomanoj, True. . Buying in tranches will surely allow me to have an upper hand.
One more stock from you , I.e. Cupid . Same can applied for buying this stock also ?
I hope not taking your valuable time. With regards.
Vakharia M J
Reply
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