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Punjlloyed is good company but recently facing losses on quarter on quarter basis and share price is going down day by day. considering strong fundmentals should we buy some shares at this stage for long terms ?
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I do recommend stocks purely on technical basis. Yes, Punjloyed is a good company but it doesn't mean that its stock will also generate profit for investors. Take the example of NTPC and see its market value. The stock can remain undervalued in the market for long term.

It's better to look at its technical chart and accumulate and exit this stock based on technical charts. It's simple from this link
http://www.investmentkit.com/dodacharts/stockmarketchart/showchart.shtml

Enter the symbol PUNJLLOYD.NS and click on "Show Chart".

Otherwise, invest in equity diversified mutual funds and give all these headache to fund manager.

Hope it will help you.
Admin
http://www.InvestmentKit.com
answered by (48.8k points)

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