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Dhanuka Agritech Limited – Update.

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.

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