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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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.