hi. Pls let me know the time frame for 144 and 150 targets
vivek_trade
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@Jagadeesh20202, chart is not for intraday its 1 week chart. book profits according to your own risk capacity. 2-3 weeks for further upside
Jagadeesh20202
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@vivek_trade, i can wait for the said time frame. I entered at 130. So according to you i can hold
vivek_trade
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@Jagadeesh20202, you have missed considerable rally from 115. and entered the trend late.
Jagadeesh20202
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@vivek_trade, yes. I saw your recommendation lately.
Shall i continue holding ?
vivek_trade
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@Jagadeesh20202, actually it may give pullback to 126.4 so dont panic if it falls a little but cement sector is bullish
Jagadeesh20202
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@vivek_trade, ok thanks for the advice. You are great.
Any stop loss for my trade?
vivek_trade
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@Jagadeesh20202, if you are positional trader for 1 month you can keep sl 111 and if short term then 123 as sl.. if you are going for 6 months hold with sl of 99,
Kindly note SL is as per risk you are willing to take. SL is as per risk appetite you can always buy more at less price than holding it too long and averaging
@Jagadeesh20202, further dont buy huge quantity in single go and dont invest all money in 1 stock . diversify your portfolio by investing it in atleast 3-5 stocks from different sectors. dont get emotionally attached to a company and focus on winning otherwise you will get stuck overwhelmed with emotional loss. Try to to ride the sector that will perform as per common sense and avoid wealth destructors like psu banks at all where NPA wont go away even with bad bank. as if you buy them you will be holding them forever with negative returns