1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Amara raja batteries

Discussion in 'Fundamental Analysis' started by abhijitupsc, May 6, 2019.

  1. abhijitupsc

    abhijitupsc Contributor

    Joined:
    Sep 19, 2017
    Messages:
    118
    Likes Received:
    107
    With the amount of pressure it has sustained so far, I still think the bottom is yet to be formed..Was the discontinued agreement such severe to warrant such a sharp fall?

    Sent from my SM-J810GF using DIY Technical Analysis mobile app
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    The slowdown in auto sector is the sole reason but I am still waiting for the results to take a call.
     
  3. abhijitupsc

    abhijitupsc Contributor

    Joined:
    Sep 19, 2017
    Messages:
    118
    Likes Received:
    107
    mk27418 and nirajshah like this.
  4. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    Are you looking to book out.

    Sent from my Redmi 6A using DIY Technical Analysis mobile app
     
    shabbir likes this.
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    No such plans. Evaluating options to add more.
     
    mk27418 and chaitanya_mella like this.
  6. abhijitupsc

    abhijitupsc Contributor

    Joined:
    Sep 19, 2017
    Messages:
    118
    Likes Received:
    107
    This slowdown in auto sector is a good opportunity for selective contra bets,IMO..I am also waiting for bottom outs..

    Sent from my SM-J810GF using DIYTA mobile app
     
    mk27418 and shabbir like this.
  7. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    Instead I am accumulating Page Industries. With every fall in 1000 Rs. I am adding 4 to 5 units to my portfolio.
     
    mk27418, nirajshah and abhijitupsc like this.
  8. abhijitupsc

    abhijitupsc Contributor

    Joined:
    Sep 19, 2017
    Messages:
    118
    Likes Received:
    107
    nirajshah and shabbir like this.
  9. nirajshah

    nirajshah Champion

    Joined:
    Aug 17, 2016
    Messages:
    546
    Likes Received:
    302
    shabbir likes this.
  10. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    Has been keeping the same view. HOLD.
     
    chaitanya_mella and abhijitupsc like this.