Solara-A risky reversal trade for multibagger returns!
Solara is a loss making pharma company which has been consolidating in a tight range from last couple of years.
If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC.
Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
If stock sustains above 500, we might see quick movement like the one we saw in Wockhardt & SPARC.
Company doesn't have good fundamentals, so keep it as a trading position and less amount if you want to.
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That is why, entering before breakout can be risky but rewarding! 16% up in a day.
Stock has given very strong weekly closing
Stock has given very strong weekly closing
