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InfinityCapital
Jul 2, 2020 3:48 PM

Long Hathway above 34 Long

HATHWAY CABLE & DANSE

Description

Technical Trade - Powerplay

Trade active

Bought hathway at 33.60

Trade active

Booked 50% profits at 40.50

Trade closed manually

booked full profits at 47.5. trade closed
Comments
nitsmoney
Can you please tell me its future projections,I have bulk bought at 47 rs.in holdings.Help me out please
InfinityCapital
@nitsmoney, the company has made profits are multiple years of losses. a fundamentally good sign, 47 is not the right price to buy this for the short term. the stock has run up quite a bit, it may rest and probably resume it rally based upon future earnings. it has a tendency of locking in circuits, the only rational stop-loss is now at 50dma
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