psrikant1978 said:
Karthik,
Can you sugggest what to do with Phoenix Lamps?
Its rangebound b/w 92 and 95.
Should I hold or sell?
Thanks
Prashanth
Can you sugggest what to do with Phoenix Lamps?
Its rangebound b/w 92 and 95.
Should I hold or sell?
Thanks
Prashanth
Phoenix lamps is still in the up move. Of late it has lost the momentum and is stalling a little. Current movement is sidewyas. Just coming out of the overbought region in the weekly.It should resume the upward journey soon. we are safe as long as this keeps above 89. Below 84 is dangerous territory.
In my opinion it is a hold. We have to have little patience.with this one.
regards
Karthik