HI anand sorry to reply late. No need to book loss in relinfra. Its a good stock it is in its support area....Hold for few months. I too bought this in the 2050 range but i reduced its average to below 1700 by selling first and buy later on the bearish day. You too can do this to gain more and reduce average. But sold share 50 during jobbing not all
It is making descending triangle...possibility of breakdown to the downside...if it breakdown 1770 level with heavy volume then you have exit the counter. Lets see what happen as its a strong fundamental scrip.
GMDC is forming symmetrical triangle u bought this at resistance level 0f 521-540 if it sustain above this level with large volume then we can see upward movement....Below 400 its a strong sell....
This is a technical view.....as i dont know the fundamentals enough.
It is making descending triangle...possibility of breakdown to the downside...if it breakdown 1770 level with heavy volume then you have exit the counter. Lets see what happen as its a strong fundamental scrip.
GMDC is forming symmetrical triangle u bought this at resistance level 0f 521-540 if it sustain above this level with large volume then we can see upward movement....Below 400 its a strong sell....
This is a technical view.....as i dont know the fundamentals enough.
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