TATAELXSI : Booked a profit of 19.46%
Although the stock is fundamentally strong from a business standpoint, the current valuation is pretty high. There is also a potential for an upcoming crash in US market, especially in IT sector and this might have its effect on Indian IT stocks.
But I'm also aware of a potential rally of at least 8% which I might miss out on and I'm ok with it since the downside risk is much more.
So I'm booking profit and will consider a re-entry if price falls back to technical buying levels.
The post I shared while taking the initial entry in the stock is attached underneath. Do check that out.
But I'm also aware of a potential rally of at least 8% which I might miss out on and I'm ok with it since the downside risk is much more.
So I'm booking profit and will consider a re-entry if price falls back to technical buying levels.
The post I shared while taking the initial entry in the stock is attached underneath. Do check that out.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.