fido44889

Long Balaji Amines

Long
fido44889 Updated   
NSE:BALAMINES   BALAJI AMINES LTD
Undervalued stock
Discounted cash flow model target 3900

First entry taken, once the triangle break out add more.

This pull Back is quiet common before the breakout
Stop loss 2110
Trade active:
Trade still active , but moved the stop loss to 2200.
Trade active:
Trade is still active yesterday sell off , didn't affect much , that shows buyers are strong
Trade active:
Comment:
Trade closed , due to stop loss, also uncomfortable holding overvalued stocks into the macro head wind. with us30y looks like will hit 5%.

Trade closed manually:
Loss 2.84%

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