Sreeleathers hits stoploss on poor results. What should one do?
We had recommended Sreeleathers based on its lower valuation with tight SL technically.
Currently stock is above 150. Since the stock is fundamentally good and is also valuable at current price, one can hold for long term with SL of 140. Stock will recover back to 180 and move forward towards 240 and 300 in coming quarters provided that the company performance better financially.
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