- Stock has been on the contracting cycle for the whole year of 2023, possible breakout in the next 2 months.
- Possible breakout to 52 week high over the span of the next year 2024
- Build positions for the next 3 months which is more than enough time to build a considerable position
- stop loss - needed if u r a swing trader, but this stock is a long term game
key points:-
- market share competition is heavy among competitors
- Dmart has become the norm and has considerable foot traffic in all Tier cities.
- Expansion process is ongoing which will definitely bump up the value of the stock in coming quarters
strictly educational and personal note purposes. trade or invest at your own risk
Trade active:
still holding on.... 25% of target achieved