It is more of tactical buy with lower downside in this market. Dcb operates between 120-160 range. I will wait for my prices to come in 3-4 quarter and look for management actions whether they can deliver what they are saying.
There I decide whether to hold or sell. Suppose if it goes lower from this point, I will deploy my additional cash reserves.
Moreover chance of loosing money is less and probability of gaining appears to be more.This is my way of seeing the things.
Subscribe To Our Free Newsletter |