WINDLAS BIOTECH: Momentum pick for Swing Trading

Aug 8

Windlas is in momentum since a few weeks. I expect that the momentum may continue for a few more weeks before it halts and consolidates again.

Holding period: 2 weeks (Exit with whatever profits in hand)

Note: This is a technical pick. Do your own research before investing.

Stop Loss: As per risk appetite.

Aug 12

Note

Moving as expected..Fingers crossed..

Aug 14

Note

Net sales at a record high of Rs 175.15 crore..decline in profit is a cause for concern..Up and downs are part of a company's growth journey.

Sep 5

Trade closed manually

touched a high of 929.. Those who might have entered must have booked 6-8% profit.

I am closing the trade as I believe short term targets are achieved.

New entry is not recommended for now..