POKARNA LTD Analysis
FOR LEARNING PURPOSE
POKARNA LTD - The current price of POKARNA LTD is 916.50 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. Its making a new high. Its breaking resistance of last 2.5 years and making ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The recent results has been great and it will act as some catalyst
6. The stock is very volatile as its a small cap stock so weak hearted people must stay away.
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 805 rupees
I will be managing my risk.
POKARNA LTD - The current price of POKARNA LTD is 916.50 rupees
I am going to buy this stock because of the reasons as follows-
1. Its coming out from a good consolidation base
2. Its making a new high. Its breaking resistance of last 2.5 years and making ATH
3. It is showing better relative strength as it stood strong in volatile times
4. The risk and reward is favourable
5. The recent results has been great and it will act as some catalyst
6. The stock is very volatile as its a small cap stock so weak hearted people must stay away.
I will buy it with minimum target of 35-40% and then will trail after that.
My SL is at 805 rupees
I will be managing my risk.
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