Meanwhile Cineline is showing signs of base formation and reversal. I had exited in loss and looking to re-enter. microcaps have high volatility and as of now it is 282 crore company. Markets are not bound to go by @Tar s or anybody else’s wish. Occassionally we need to bow down to market.
Just to compare at 120 levels Shivalik Bimetals was liked by many seniors in this forum. Later it corrected to 20 levels when everyone was fearful. Now it is 20 or 25X of the lower price point. So nano/microcap investing we should be willing to stomach volatility, exit on our own if we are not comfortable. This being a voluntary forum no one is at obligation to inform their sale or purchase. Now we don’t see him posting anything for long time. So chill guys.
Disc: I am again taken a tracking position of 0.5% to see if the technical trend reversal sustaining. It can again correct and form double bottom or even go below previous levels. So manage your risk yourself.
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