You are on target. If you are sitting on decent profits on Cipla, then I would suggest that you move out of it. In fact, I am suggesting to take profits off the table on Cipla as the stock has been very volatile in the past and tends to lose value fast. We can wait on other positions. Here is the quick view of the call that I have given for today.
· Cipla Rs.980 (CMP – 1048) – Book Profits
I would not suggest any fresh allocations at these levels. We can look at re-entering once there is clarity that downsides are limited.
You are on target. If you are sitting on decent profits on Cipla, then I would suggest that you move out of it. In fact, I am suggesting to take profits off the table on Cipla as the stock has been very volatile in the past and tends to lose value fast. We can wait on other positions. Here is the quick view of the call that I have given for today.
· Cipla Rs.980 (CMP – 1048) – Book Profits
I would not suggest any fresh allocations at these levels. We can look at re-entering once there is clarity that downsides are limited.