Even with today's move of 14% , its PE is in range of only 9-11. Greatly undervalued. Founder of the company is extremely talented person. If you want to wait for it to retrace then you can, but I would suggest it to buy at CMP. This my 2 year hold bet. I'm expecting at least 2x from this level. Disclosure - Invested.
spandana swing plan 690 is first if sustain above 700 then 950 is open
NSE:SPANDANA Buy Limit 568/- 14;56:13:14,9
This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...
Spandana Spoorthy Trendline Break Can fetch 650/700 in coming days
Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
Price is back to Support Zone. The move towards this Support was quite Slow. Expecting upmove to resume from here. SL 1000 DCB
Buy at CMP 1175 or on dips upto 1111, target 1250, 1300 & 1350. Stoploss below 1050.