In near term there is correction in stock and can fall close to 190 - 195.
Once the stock closes above 214 then we can go long. Also fundamentally a new manufacturing plant is starting in 2023 which raises the forward PE for the stock.
This has been accumulation since last 2 years and havent participated in rally. The defense local manufacturing will make it more attractive.
Once the stock closes above 214 then we can go long. Also fundamentally a new manufacturing plant is starting in 2023 which raises the forward PE for the stock.
This has been accumulation since last 2 years and havent participated in rally. The defense local manufacturing will make it more attractive.
Trade active:
came up earlier than expected. trade is active
Trade closed: target reached:
Target reached .... now next target is 278