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.
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
scorpiomanoj
⋅
@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.
MaheshVakharia
⋅
@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
Vakharia M J