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| Discuss Kpit at the Introductions within the Traderji.com - Discussion forum for Stocks Commodities & Forex; KPIT is failing sharply downside. 376.75(13 July) & now its around 295(25th ... |
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#1
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KPIT is failing sharply downside.
376.75(13 July) & now its around 295(25th July). Can anybody explain why such a downfall ? At what price is it worthy to buy ? |
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#2
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Hi Sachin,
must be some news,no idea why such a downfall,but forget about buying this one anytime soon.I feel it's always better to look for a stock in an uptrend..and then buy on pullbacks.KPIT looks like in the process of breaking the uptrend......if I were you,I would stay away from this one.This is like catching a falling knife.Careful! Phoenix |
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#3
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Phoenix,
Thanks for your suggestion, will do some study. The news I know is KPIT called, AGM around 20th June. But is this the reason after getting dividend market is booking profit ? |
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