Agree with long side. But, how would you ascertain "real quick?"
Rachit_Sethia
â‹…
@kcpavi "Real Quick" here would be less than 2 months. making 30+ % return in less than 2 months. Good luck, comment here if u earn small profits.
StockWhizzer
â‹…
With due respect, how is 208, even 180 looks realistic, with April, May n perhaps June washout, what result will thy declare, even 120 seems possible by nxt result.
Rachit_Sethia
â‹…
@StockWhizzer Thanks for stopping by. I am glad u had this opinion. if u look precise, sir, the volume spikes in previous quarters, are not of retail technical traders, fundamental biggies are in, this down move is just a retracement as per monthly charts and here comes a new entry. Later, when we observe, the NBFCs are rarely valuated with their EPS or Earnings quality. all are assured with their future prospects. I hope I am being clear and convincing, I hope if u trade, u earn good profits ! Comment here if u earn from this trade.
StockWhizzer
â‹…
@Rachit_Sethia Thnnx for clarifying doubts, still, juss like current result, wudnt a worse result pull the stock down to an extent sentimentally? Actually stuck with 500 @ 190, gud to avg or hold?
Rachit_Sethia
â‹…
@StockWhizzer, I assure u, that the stock will cross higher than ur cost price, but i cannot comment on averaging. That is ur call. Averaging a loss position, that too on a company from mid caps, is never a good choice. If u get a good figure from a negative figure, take the profit. exit the stock. move to some good stocks.
Dont waste time on these mid size, most of Nifty50 stocks are at good entries. push ur capital into them.
StockWhizzer
â‹…
@Rachit_Sethia thnxx for the confidence & xcellent analysis regd retail n FNI:) Also, I'm holding Parag Milk & JSW Energy both 500@ 100 & 110, gud to exit, or carry on for 160 & 140, thnnx