Hi Hiteshbahi,
Thanks for your reply with excellent analysis. It’s very helpful. I am new to VP platform , but I have a sizable portfolio built over the years. I never looked at technical analysis before but after going through your earlier posts, I found it very interesting and realized that had I used such analysis before buying Jubilant Ingrevia and Vaibhav Global , I would not have got stuck with losses (30-40% of my investment amount) during last one and half year. Funny thing is that in case of Vaibhav Global, I followed Chairman buying the stock. But it’s a good lesson and will help me in future.
Now , about HBL systems , in the recent past I added at 162-168 levels – ‘FOMO effect ‘ and today I sold whatever I added . It may become a multibagger in future , but at this juncture with whatever information at least I have , I believe it does not justify that price. Further , hope can’t be a strategy. Let’s clarity comes after the Q1 result and at that juncture, if I can justify the price definitely I will add.
Finally , Hiteshbhai you are doing a great job by sharing your knowledge with so many investors like me.
Regards, Samir Ghosh.
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