Its not a long term buy....
Because stock has no strength as such, its started falling in starting July and till now its fall around 46% on 7-Mar-2022.
Which is equivalent to the fall that we had seen in March 2020.
This fall is the reason for the pullback and is going up.
Also its recent 1 year return is -17%
Recent dividend is 2.14 Rs per share on 17-Nov-2021
Dividend Yield 2.28%
It's right now gliding over the old weekly trend line...
If it sustains and give a good green candle on next session then,we can go up to 214 first target.If it come done this trend line then 175 is the first support from where it will go back up side. Second support is 166 otherwise Quit.
Disclaimer:- Above are just information that can be used for analysis purpose, Play responsibly.
All above mentioned positions are as per the today market session, please adjust it as per your buying price.
That is how much profit or loss you can handle
Because stock has no strength as such, its started falling in starting July and till now its fall around 46% on 7-Mar-2022.
Which is equivalent to the fall that we had seen in March 2020.
This fall is the reason for the pullback and is going up.
Also its recent 1 year return is -17%
Recent dividend is 2.14 Rs per share on 17-Nov-2021
Dividend Yield 2.28%
It's right now gliding over the old weekly trend line...
If it sustains and give a good green candle on next session then,we can go up to 214 first target.If it come done this trend line then 175 is the first support from where it will go back up side. Second support is 166 otherwise Quit.
Disclaimer:- Above are just information that can be used for analysis purpose, Play responsibly.
All above mentioned positions are as per the today market session, please adjust it as per your buying price.
That is how much profit or loss you can handle