Rupa has gone down more than what mentioned here. Can you check whether Textile stocks like rupa can be added at theses price for longterm investing? Or should we wait for any confirmation level?
Further Godawari Power [GPIL] is above 40 WEMA but structure, RSI and MACD turning downside for now. Should I hold and track with stoploss till 40 WEMA or can I exit at these prices only. Overall momentum of Steel Stocks seems going down only. [if chart can be studied and shared would be helpful]
How can one identify Cycle or momentum in sector wise for better returns?
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