This 8 year break out will lead the stock to uncharted territory, does this mean that we can blindly hold the stock with Stop loss of 5% and go long. Kindly advise because I have huge position..
Thanks for everything.
@bnjanamatti, Pls follow weekly/monthly chart before investing huge amounts . After break outs There is always a trend by impulse creator whether its FII or DII or HNI. follow the trend lines or channels.
So as long as you are in direction of trend you can hold the stock.