Our view: Keep holding.
Our take on why it’s going down?
This is going down due to one simple thing.
FII REDUCING THEIR EXPOSURE AND STAKE. FII have 55% holding and you already know that fii are moving their money to USA and other markets.
AND OTHER BIG THING: Bears or Shorters shorting it continuously.
This is just correction and as per WILLIAM WAVE, the third phase of correction is this and it will stop at 600-650.
Another reason to hold this gem is that why it’s not crashing like DHFL, 60% in a day…????
Cause FII are behind this and they know it’s real value and they simply can not make this crash.
If you are holding then now don’t sale. You can start buying from next week.