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IBULSHSGFIN, expecting a reversal....By The_RedTicker
Its a pattern (again!)
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small).
Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as just a stepping stone, if my analysis is correct, you will remember me for this trade. Such will be the move.
Sl of WCB, mentioned on charts....
#The_RedTicker
*Disclaimer, I do hold this in one of the PF and, may or may not add fresh after this post.
Currently NCDs of this comp are open for subscription where the guaranteed returns per year are 9+% (which is not at all small).
Still if there is any inflow in the equity of this stock, that means, market cumulatively expects a return more than a flat 9+% from the stock. Which will be a big deal for me.
Consider the mentioned targets as just a stepping stone, if my analysis is correct, you will remember me for this trade. Such will be the move.
Sl of WCB, mentioned on charts....
#The_RedTicker
*Disclaimer, I do hold this in one of the PF and, may or may not add fresh after this post.
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