stock near its weekly support , given a good slide , no more downside seems to be there , part of nifty , can act as a support stock to lift nifty up , and take it to level of 10700
posting it because someone asked me to do so on twitter!!!!
let it come to the levels where it would be a favOur able risk reward as it is always better to not to take a trade then to take a wrong trade ...
i can be wrong!
the stock is at alltime high thus no lumsum amount can be invested but as the stock is fundamentally good i feel its a good stock to do SIP
(systamatic investment plan)
for long term
irrespective of bull and bear market
.
caution
above is not recommendation , but just an idea of how i do invest or trade in a stock.
