We have experienced that running after a stock when it is very hot will make us enter at the peak of its rally and miss out on entering at a better price few days later.
This is why one has to take a sip route especially in dhanuka as its business is cyclical.
We recommended Dhanuka @201 just 2 days before. Since then Dhanuka has given a technical breakout, and has touched a high of 259.
As we don’t know the peak and bottom, stick with sip and you will be end-up with greater returns.
We expect the stock to consolidate as the run has been very sharp.
Phani Kumar
Hey, thanks for the information. your posts are informative and useful.
GlaxoSmithKline Pharmaceuticals Ltd