The stock has broken out on the weekly chart and is looking strong despite the weak sentiment. One can look to buy on CMP or if there is any dip to the levels of 54-58 for targets of 75-90-110 on a positional basis with a stop loss below 52 on weekly closing basis.
The current market sentiment is weak so it is advised to look at the long term and invest rather than aim for quick returns.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
The current market sentiment is weak so it is advised to look at the long term and invest rather than aim for quick returns.
NOTE: NOT SEBI REGISTERED. THIS IS NOT AN INVESTMENT STRATEGY AND ONE SHOULD DO RESEARCH OR CONSULT WITH THEIR FINANCIAL ADVISOR BEFORE TAKING ANY INVESTMENT DECISIONS.THIS IS ONLY FOR EDUCATIONAL AND LEARNING PURPOSES.
Comment:
The move has begun