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Ajaatasatru
Pilla Bewarse
Username: Ajaatasatru

Post Number: 984
Registered: 04-2016
Posted From: 104.175.210.82

Rating: N/A
Votes: 0

Posted on Wednesday, October 18, 2017 - 1:27 pm:   


Tingari_xx:

wait for the 4, and then buy?




Thats true. Here are my reasons to buy :
1) Its a cheap stock hehe ( bad reason )
2) Its in a volatile sector, but relatively low beta. So my investment is a bit stable
3) Recent times lo it has had good momentum.
4) There was severe devaluation. and management is taking measures to better the performance. Koncham insider ownership pencharu. Institutional ownership is decent.
5) 3.4 is strong support. price was near it, and from day1 not out of money.

I look for points like these to buy Value picks. Nov 1st week results anukunta, so if Mom takes it > 3.5 or to 4 .. thats great move already.

Resistances are 3.5 3.6 then 4. Thats a huge upside for me, and 3.5 almost every 2 days ki touch avtundi... i am thinking to liquidate today ? 3% profit possibly..
brahma satyam jagan-mithyä jivo brahmaiva näparah

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