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pmosesoliver
Jun 13, 2021 1:38 PM

SJVN Ltd - Buy signal Long

SJVN LTDNSE

Description

SJVN Ltd ( PE :6.97)

CMP: 29.35
Buy Range:28.75 to 30.25
Upside Target: 31.4, 34.85, 37.75, 40.05
Support Level: 28.75, 27.10

Good Luck!

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Comments
ashwinkalra2000
Broke S1, what SL levels would you suggest for this?
pmosesoliver
@ashwinkalra2000, Hi, it may take support at 27 as per the chart above. I also hold this stock and I will accumulate between 28-29. There are also chances that it may break all the current support levels, depending the market condition. I am a swing & also a long time investor. So I will hold this stock and wait for my targets.
It depends on your potential and risk levels, whether you can hold or exit. Please take your own call after analyzing yourself. Thanks for commenting. Good luck.
ashwinkalra2000
@pmosesoliver, Thankyou for the response, I also wanted to hold for a longer period but the degrowth in profits and revenue, and the declining shareholder interest was indicating fundamental risk.
Good luck to you too
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