Not thinking ahead makes one prone to errors of judgement… lack of big ticket releases owing to the cricket world cup in the first half of Q3 and the actors strike in hollywood notwithstanding, we have salman and ranbir to shake things up from mid november… I am not too gung-ho about the 699 monthly plan as upon reading the fine print it has a lot of ifs and buts… but well tried to the company management…
As long as good content gets generated this appears to be a reliable money making machine, post merger it has higher market share and caters to the luxury, premium and now with tweaks in f&b and rationalizing of ticket prices, attempting to tap the value seeking customers as well… for me, this dip appears to be a perfect opportunity to add positions for bigger targets … I am pre-empting an INHS in the weekly charts and as always, prone to pulling the trigger before time
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