Time to add JIO Finance in portfolio for long term 5-8 years.
Trade active
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Do not panic. Hold your position.
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At 228 move the stop loss. If the stop loss trigger occurs, there is now a loss. Rally on, and don't go out of position.
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Move stop loss at 240. Enjoy rally...SUPER BULLISH TREND...
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May correct 5-10% from current level. DO NOT EXIT AND STAY WITH POSITION.
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Move stop loss at 255. DO NOT BOOK PROFIT.
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Remain calm. Stay committed with JIO Finance. DO NOT EXIT POSITION.
SEBI is progressing in the right direction, aiming to establish a robust framework that aligns with the current flow of Mutual Funds. However, there's a need for a meticulous definition that ensures MF managers aren't compelled to purchase stocks in the small/mid-cap segment at inflated prices. The valuation discrepancies are evident, particularly since they are required to maintain only 3-5% cash and allocate the rest. In the event of investors withdrawing funds from the market, exiting small/mid-cap stocks could prove challenging due to limited trading volume.