Big breakout on monthly tf and candles sustained above resistance
took very small position
macp 103cr
cmp 185 vs book value 117
stock pe 13.3 vs industry pe 41.5
dividend 0
debt to eq 0.88
promoter holding 57.2% vs 50.73% in MARCH 2017
bought yesterday
**IT IS A LONGTERM IDEA**
Follow the FIVE rules below:
1)Book whole profit at target price if you want to Freeup capital.
2)Stick to strict stoploss exit when hit.
3)Use supertrend indicator or Monthly MA(Length is Based on your requirement) as a trailing stoploss(If you want to ride the momentum) and sell whole quantity when it hits.
4)Don't...