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

Divis lab

Discussion in 'Fundamental Analysis' started by drravirana2003, Sep 9, 2017.

  1. drravirana2003

    drravirana2003 New Member

    Joined:
    Sep 6, 2017
    Messages:
    6
    Likes Received:
    3
    Why this stock has been seeing pull back constantly even though company has v good fundamentals ,,,how to not invest such stocks when analysis gives u confidence that yes it is be boat I will ride but then it sinks ,,,( plz avoid talking abt stop loss strategy)

    Sent from my Moto G (4) using DIY Technical Analysis mobile app
     
  2. waseem163

    waseem163 Member

    Joined:
    Jun 23, 2017
    Messages:
    24
    Likes Received:
    17
    Occupation:
    Employed
    For me its the short term thinking of people that is hitting every other news negatively in pulling back constantly. Yes this has very good fundamentals and surely will give big but has to be invested for at least two to three years.
     
    drravirana2003 likes this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    I expect the stock to double in 3 to 4 years time frame and that is quite a good possibility. This is good time to do some accumulation and I have the stock in my open portfolio.

    If you have a short term view, it is better to be avoided as of now.
     
    drravirana2003 likes this.