Time to add JIO Finance in portfolio for long term 5-8 years.
Trade active:
Do not panic. Hold your position.
Comment:
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.
Comment:
Move stop loss at 240. Enjoy rally...SUPER BULLISH TREND...
Comment:
May correct 5-10% from current level. DO NOT EXIT AND STAY WITH POSITION.
Comment:
Move stop loss at 255. DO NOT BOOK PROFIT.
Comment:
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.
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.
Comment:
DO NOT EXIT AND STAY WITH POSITION.