Also, views on Elgi Rubber, holding 500@ 35, exit @ 50 or continue for more?
rajat_chandan
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@StockWhizzer, sir i dont cover penny share , still i an telling u Elgi reached its resistance from here it will come down , its forming rounding pattern means operator accumulated share over here and not given BO so book ur profit accordingly .
StockWhizzer
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@rajatc40 So, will it be sideways for now or back to 34 levels?
rajat_chandan
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@StockWhizzer, wait for next move if selling come then operator will form handle if buying come that will be a breakout so wait and check next move.
Do u mean 300 shrt term target, I'm holding 500 @ 110 & lukin to exit around 190, no issues to hold if it doesn't retrace back to 160 again or can buy again, thnx!
rajat_chandan
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@StockWhizzer, sir u have to book ur 50% profit at ur price rest keep for long target , al least u earn ur purchase cost and u will not in loss if market retrace.