Idea
CMP 9
The quarterly results have reflected a huge loss to the tune of 25K Cr loss...
But most of the component of loss were for known reasons.
On charts the stock has support AT 7.8-6.6 levels
Above the red line the stock may signal a breakout...
Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line
Disclosure: This stock has been recommended earlier at when the price was around Rs 4 in the month of January.
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
CMP 9
The quarterly results have reflected a huge loss to the tune of 25K Cr loss...
But most of the component of loss were for known reasons.
On charts the stock has support AT 7.8-6.6 levels
Above the red line the stock may signal a breakout...
Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line
Disclosure: This stock has been recommended earlier at when the price was around Rs 4 in the month of January.
Take care & safe trading...!!!
Discliamer:
- The view expressed here is my personal view
- Use this for educational purpose
- Any decision you take you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
