FOR LEARNING PURPOSE
G R INFRAPROJECTS LTD - The current price of G R INFRAPROJECTS LTD is 1538.05 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with good volume
3. Its making a 2Y high by going sideways for some good time.
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable and share holding has been good.
6. This stock has underperformed in last few years but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks
7. The latest fundamental is not that great so it is more of a undervalued stock for me. So if you are weak heart, avoid it.
I am going to buy this on Tuesday with minimum target of 35-40% and then will trail after that.
My SL is at 1320 rupees
I will be managing my risk.
G R INFRAPROJECTS LTD - The current price of G R INFRAPROJECTS LTD is 1538.05 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. The breakout candle is good with good volume
3. Its making a 2Y high by going sideways for some good time.
4. It is showing better relative strength as it stood strong in volatile times
5. The risk and reward is favourable and share holding has been good.
6. This stock has underperformed in last few years but now, its showing some signs that it can do good and now probably it can act as leader for next few weeks
7. The latest fundamental is not that great so it is more of a undervalued stock for me. So if you are weak heart, avoid it.
I am going to buy this on Tuesday with minimum target of 35-40% and then will trail after that.
My SL is at 1320 rupees
I will be managing my risk.