JMvalueinvest
Long

Sanofi - Buy, Inv H&S formation, divd Rs350 in next 10 days too

NSE:SANOFI   SANOFI INDIA LTD
Buy Sanofi at CMP of 8000, as it is making bullish Head & Shoulder formation. First target is the neckline of 8400-8450, above which stock can move to 9000. Big dividend of Rs350/share is also getting ex on 29 June 2020.
Trade closed: target reached: Book profit as Stock achieved our 1st target of 8450, very quickly.

The ones who want to continue to hold can keep stop loss of 8290.

Comments

I have entered at 6450,

should I exit at current level? or wait till dividend and then exit?

Please advice.
+1 Reply
JMvalueinvest harishvkumar
@harishvkumar, Can hold for Dividend, subject to stock not breaking 8290.
Reply
harishvkumar JMvalueinvest
@JMvalueinvest, Thanks mate, much appreciated.
Will hold for dividend.
Reply
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