HONASA CONSUMER, posted positive result (+90.98%) on June quarter but Surprised very negative result (-792.31%) posed on September quarter? The price started fall from life high, 2 months before 2nd quarter result. Who knows this result ?
However there was technical indication to exit from this stock at 470 level (up Trending Channel broke down), then 52 week low broke and now stock below life low . There was no indication to long this stock.
I am waiting for next financial result and price action in this period.
Importing Learning :
Follow chart pattern & Price action
Don't catch falling knife
wait with patience
**Disclaimer : This is my own view & study purpose only
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