I am noticing URBANCO has been moving in a markdown phase for several weeks where each rally is weaker, and price has been sliding from ₹200 down to the ₹143 area. I did one wyckoff analysis and pattern appears, it’s technically still in a downtrend. That’s roughly a -16 % unrealised drawdown.
I want to discuss with you guys if this a long-term fundamental investment (where short-term swings are acceptable)?
Any suggestion would be helpful
submitted by /u/TrashEither5791 to r/StockMarketIndia
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