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Aditya_Mundada
Oct 5, 2021 4:57 PM

IRCTC - EVERGREEN Long

INDIAN RAIL TOUR CORP LTDNSE

Description

Sorry for the late post, this one has again broken out of its range. not a stock to be sold. keep it in the portfolio that is why no stoploss.
Comments
meenasridhar2018
Can u say what will be the pre split up price?and it's trading at high pe do u think its a risk for stock price
Aditya_Mundada
@meenasridhar2018, High PE is always a risk for stocks but you should also look into the future prospects of the company, not just the business it is in today. i think we are doing just fine, no crash like situation expected in IRCTC. now 8 to 12 trading days of consolidation has been seen in this stock, so the same can repeat again or might take more than that. no prediction here but somewhere between 4700 and 5000 is somewhere i am expecting a split
meenasridhar2018
@Aditya_Mundada, what's your view happened today?
Aditya_Mundada
@meenasridhar2018, it was a necessary profit booking. but it crashed more because of the news
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