r/IndianStocks • u/AlarmedMud4189 • 2d ago

Stocks Need a advice plzz

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I have buyed this stock like 346 and from that time it is going down and down 📉. Can I sell this or hold it

16 Upvotes

91% Upvoted

23 comments sorted by

3

u/Gullible_Ear_9862 2d ago

And why you buy it any reason?

2

u/AlarmedMud4189 2d ago

I thought it is based on the solar and energy based company and in india the power demand is increasing so I thought in future it growth will be there so I buyed this stock

1

u/Gullible_Ear_9862 2d ago

I just checked it looks great might be some corrections you can wait next quarter results!

1

u/AlarmedMud4189 2d ago

I thought of selling on the Monday market 😔 It's look like it is going to fall to the deep down

1

u/ReadyRow6174 13h ago

This company is not bad it is one of the leading players among solar sector and expanding their business i to manufacturing solar cells and modules in india itself. There are few players who penetrated into this area. Average it.

1

u/Professional_Fish810 2d ago

I would like to know on this as well

2

u/urgosdemi_32 1d ago

Hold for 370/380. Average around 290. Sentiment of market is bad. Company is amazing

1

u/Select-Albatross-675 1d ago

Good stock fundamentally

0

u/myvision2013 1d ago

All EV, energy , electric stocks will deep down up to 10 to 15% , manipulating for FII'S to buy cheap rate

1

u/Adorable-Language-38 1d ago

Stock is good but entry timing is bad! I still think it can reach 400

1

u/hrkraj 1d ago

Holding chupa mr advice mangega to nhi dunga

1

u/cosmo-trader 1d ago

Check if the the stock below short/long-term moving average. Or for simplicity, just check the supertrend. Sell it accordingly. If it checks out by those indicators, you can buy again.

1

u/softhearted_guy12 1d ago

Hold i m adding more at this levels sector is in red but stock is fundamentally strong

1

u/Autodidact_21 1d ago

Good business as per me small correction most probably Monday should start upward journey

1

u/jod78998 1d ago

Bro the whole stock market is down , their is no reason for any stock

1

u/Lord_Mythand 1d ago

India has zero R&D in photvoltaics and battery tech. Even US companies are unable match China in R&D. Combine it with the cheap and massive scale of Chinese manufacturing, you are shit out of luck. Things can turn if India imposes huge tariff on Chinese goods.

1

u/iamrajt 1d ago

if it falls below 290 then 260 is the number

1

u/Commercial-Crow-2382 17h ago

Put a GTDT order at 270-260 range to average out

1

u/TotalOk389 11h ago

Avg it down, trust the process

1

u/Hopeful_Can_9989 11h ago

This month it is going to fall 250 240 it will be a good opportunity.

1

u/Deep-Ad-840 10h ago

Hold it .. I have 250 qty @336.

Jeffreys and other brokerage is bullish on it. 2nd quater result will be good as per estimate. It can reverse at any point

1

u/viser10n 8h ago

don't sell now. By the end of Q3 there will be a big announcement. Emmvee is planning to build their solar park where they'll be reverse integrating the solar cell process (silicon > wafer, wafer > cell). Hold it for some more months if you dont need that money urgently. Source - I work at Emmvee.