This mainly works for me when I’m building a position in a huge bluechip company that is going through tough times. The last time i did this was with itc for more than a year between the price of 160 and 200. Once theres very low downside and no upward triggers in sight is the best time to do this. Especially when i dont have a lumpsum to invest and need to rely on monthly sips based on my business profits. Ive kept a bucket of
HUL, Sbi cards, Kotak (already built hdfc with a lumpsum) and will add to them in that order for the next year or so. If one of them runs up atleast i have the other two to add in. Plus you got me intrigued with infosys and considering starting an sip there too if it falls further after these poor results
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