SHORT TERM IDEA OF THE MONTH // Monday March 1st 2021 // RADICO
// This is a Long Term Investment Idea and not a swing trade call nor an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few weeks. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 569.65
TARGET: 800+ (40% Around)
STOP LOSS: 427 (25% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis. - Recommended Profit Booking / Exit is on 40% & If you still want to hold the stock, trail the SL once this target is achieved. - Duration: 4-6 Months, the suggested time frame is an indicative period. - If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade. Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.