As long as the stock is above Rs 335, the uptrend wave is likely to continue. A close above Rs 335 could take the stock towards Rs 355-360. Traders may prefer to exit from trading long positions on a close below Rs 335.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South
May 16, 2025