Can go both ways
Updated
SRF-
Price is trading in the range from Sep'21.
Price movement is narrowed now.
Hopefully this time, price take one side.
Reason to go long:
Agrochemicals is in downwards trend. But market appreciates price before the sector revival, forward looking.
My plan:
Will do SIP.
This time I will wait for few months to year.
Exit if price goes below 2100.
Price is trading in the range from Sep'21.
Price movement is narrowed now.
Hopefully this time, price take one side.
Reason to go long:
Agrochemicals is in downwards trend. But market appreciates price before the sector revival, forward looking.
My plan:
Will do SIP.
This time I will wait for few months to year.
Exit if price goes below 2100.
Note
Keep an eye on Chambal Fert. & UPL also.
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