Thanks a lot Rajiv for your words.
The scenario that you have asked, is classical ANCHORING BIAS. You are still anchored to the original price from where the stock has given 100% returns. So you are not willing to purchase it now.
Again the solution is – Forget the price you have seen and once again apply your checklist & valuation criteria at CMP and then decide whether to buy it or not.
Hope this helps.
dr.vikas
| Subscribe To Our Free Newsletter |
