Is the hangover OVER for this stock??

8 Şub

This stock is drunk...300 being key level...if that breaks....hello 100s or even 2 digit area....Lets face it, we are in a mini bearish market trend in an overall bull trend, the question is when will FIIs stop their selling spree?? I have no idea, but this company is in the business of making booze....and booze never goes out of demand.....I am buying small quantities with multiple sell orders till its life time high....will average down if I have to.....If you're buying, don't put more than 0.5% overall capital and add 0.1% with every 5% dip.....that's my strategy anyway...use your own risk management....

21 Şub

Not

Using Fib extension, I'm expecting a reversal around 265-281....look for price action at those levels....