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FUTURE OF ITI LIMITED

Discussion in 'Chit Chat' started by pratik_shah, Jun 7, 2017.

  1. pratik_shah

    pratik_shah New Member

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    Hello,

    Is anyone tracking ITI Limited?

    The stock is already at its high of 96.00?
    I have information that it has GST Contract from Government. How do you see the future of this stock?

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    pratik_shah, Jun 7, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Telecommunications equipment company and a PSU. Are you considering for investing or a trade setup
     
    shabbir, Jun 9, 2017
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  3. pratik_shah

    pratik_shah New Member

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    pratik_shah, Jun 10, 2017
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  4. shabbir

    shabbir Administrator Staff Member

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    Investing for 6 months is completely wrong. It is neither a trade setup nor an investment. Investment should be for 3 to 5 years and trading should be for few months. Again investment should be in business and not in market sentiments based target.
     
    shabbir, Jun 10, 2017
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  5. pratik_shah

    pratik_shah New Member

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    Okay, i agree its a wrong Strategy, but if i want to invest for a short term than what shall be the strategy?

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    pratik_shah, Jun 10, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    Technicals but currently the stock trading at 100+ but stop loss comes down to 70 which is too much of risk so it is in no trade zone.
     
    shabbir, Jun 10, 2017
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  7. bnnarayana

    bnnarayana Contributor

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    From last 4 qtrs the EPS has come down,the stock is trading currently at 106, 52 Week high is 118. I agree with Shabbir is too much risk to invest as operators are playing.

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    bnnarayana, Jun 15, 2017
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