|
Dear all.
Hope you all are doing well. Recently the talk of the town was the PAYTM disaster. Though the news has started to fade away and people started to talk about other stocks, the disaster it showed was very painful to see. Back to back lower circuits. Stock tanked around 67% from its recent high in Oct 2023. RBI restrictions on PAYTM bank is touted to be the main reason for the stock’s failure. However, we are not going to keep discussing those stories. I don’t believe in listening to the stories once the mishap has happened. What good can it give us?
The purpose of this article is to show, how one can avoid such failures in future and how usually a stock before its disastrous fall gives lot of chances for us to exit and how the chart was screaming to exit before the lower circuit fall from FEB 1- 2024 (one day after the RBI restriction) Read More...
|
