Description
⋅ Sharda Motors. Auto ancillary. Good fundamentals. 1.7Y consolidation and breakout. 30-40% upside potential
Cons: FY23 (-)OCF, High working capital
Disclaimer: Educational. Not invested
Trade active
⋅ Entered position. 5 days consolidation breakout in Daily chart as well.
Trade closed: stop reached
⋅ Got Hit 875 stop loss
Comment
⋅ Looks like the stock achieved the estimated target. Should've made better entry to avoid hitting stoploss.