- Wealth PMS
The Nifty hit a new 52 week high today. And while we rejoice in general - the long term portfolio is absolutely rocking - we are going to add a couple stocks to momentum, which was absent in recent times. We add another mover to the Momentum Portfolio today: Aarti Industries. It's a commodity chemical manufacturer with a P/E of 18, and which is growing at 25%. The chart looks good and the breakout seems strong, so we'll enter.
Full position, stop loss at 560. The second stock we're adding is Dewan Housing Finance (DHFL . . .