Atul Auto

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by ranjeet_0131, Jun 12, 2015.

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  1. ranjeet_0131

    ranjeet_0131 New Member

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    What happend to atul auto? my buying price is 525. should I hold to move out?
     
    ranjeet_0131, Jun 12, 2015
    #1
  2. rameshkare

    rameshkare New Member

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    My buying price was 700/-
     
    rameshkare, Jun 12, 2015
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  3. Meenakshi Razdan

    Meenakshi Razdan Administrator Staff Member Moderator

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    Yes, Atul Auto has lost serious ground. In just the last three months, the stock is down 34%. I don;t think this is confined to Atul Auto. Almost all high P/E stocks have seen some correction come in. Cera, Kajaria, Hawkins etc are examples of that.
     
    Meenakshi Razdan, Jun 12, 2015
    #3
  4. Md Jamil

    Md Jamil New Member

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    upload_2015-6-15_10-43-51.png

    Yes severely corrected stock. likely to take a minor support at 325, otherwise u guys has to see more downside.
     
    Md Jamil, Jun 15, 2015
    #4
  5. stockjeet18

    stockjeet18 Member

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    Is it worthy to buy at current levels for next 5 yrs ?
     
    stockjeet18, Jun 15, 2015
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  6. Md Jamil

    Md Jamil New Member

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    Dude I m not funda analyst. I can say it technically only. For such long term fundamental analyst can predict
     
    Md Jamil, Jun 15, 2015
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