We have experienced that running after a stock when it is very hot will make us enter at the peak of its rally and miss out on entering at a better price few days later.
This is why one has to take a sip route especially in dhanuka as its business is cyclical.
We recommended Dhanuka @201 just 2 days before. Since then Dhanuka has given a technical breakout, and has touched a high of 259.
As we don’t know the peak and bottom, stick with sip and you will be end-up with greater returns.
We expect the stock to consolidate as the run has been very sharp.
Hey, thanks for the information. your posts are informative and useful.
GlaxoSmithKline Pharmaceuticals Ltd