Finolex Cables: Buy at for 24% profit
Hi All,
Buy Finolex Industries , the stock is currently at 501 levels. Buy the stock in correction as well. Any decline in stock will also be good opportunity.
Keep target of 620-625 which is 24% from current levels of 501. Keep initial stop loss of 425 on weekly closing basis.
Once the stock starts moving up, then trail the stop loss to you buying price.
***Ideas are my own***Buy the stock as per your risk taking ability***
Buy Finolex Industries , the stock is currently at 501 levels. Buy the stock in correction as well. Any decline in stock will also be good opportunity.
Keep target of 620-625 which is 24% from current levels of 501. Keep initial stop loss of 425 on weekly closing basis.
Once the stock starts moving up, then trail the stop loss to you buying price.
***Ideas are my own***Buy the stock as per your risk taking ability***
Comment:
The stock is currently at 600 levels , One can start booking profits in this stock which is around 20% profits.