Hi... Can accumulate this stock for long term.... Very high risk as it's a penny stock.. Industry is good and has growth prospects... Could hold for atleast 5 years would fetch u multiX returns
Bank nifty has fallen more than 3 percent last Friday and it is closer to 200 day simple moving average that is 35500 to 35700 zone... Please note it's not a line it is a zone. Any stock or index should respect it technically atleast a pull back for a day or two. So it's better to buy long options like Dec monthly or Jan series far OTM options and exit with...
