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  #81  
Old 7th September 2017, 01:04 PM
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I am adding a small amount to my account every month (averaging upwards).

I think this can be a strong long term story.
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  #82  
Old 12th September 2018, 01:39 PM
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1 lakh crore valuation for a profit of 250 odd crores.

What does the technical say about this stock ?
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  #83  
Old 16th September 2018, 05:37 PM
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Originally Posted by Atiker View Post
1 lakh crore valuation for a profit of 250 odd crores.

What does the technical say about this stock ?

250 crore is the quarterly profit.

Technically, the stock has broken down below 50 DMA/EMA and is in a medium-term downtrend.

However, there is very strong support in the 1300-1400 range and I don't see that level being broken unless there is a very sharp correction in the market.
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