- Wealth PMS (50L+)
This is an archive post for Capital Mind Premium Subscribers, sent on 27 May 2014. Click here to Subscribe.
In the CAPM portfolio, Two stop losses have been hit today.
Gitanjali Gems went down big time, and we exited at Rs. 81 today. The stock has broken down substantially from it’s high of 102 and gives us a 10% loss effectively. We had a wide stop, but what goes up fast comes down fast too, apparently.
Remember the fundamentals are intact . . .