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Mostwanted on Engro Fertilizers Ltd

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Hold or sell?

Rs 209.20 when posted

Buy

52 week high was 263. If geopolitical things remain good, it is crop sowing season and fertilizer would be stable in price. To avoid FOMO, as we don't know of geopolitical factors, sell piecemeal, A small amount proportional to ur total on each Rupee gain. Like I am selling 25 at each Rupee. Idea is to buy back when it goes back to 190-195

It's an investment item and not suitable for trading. Hold for long term.

Replying to @Abdullahmir

@Abdullahmir holding from last year and now its in profit

Replying to @Mostwanted

@Mostwanted long term means 5-10 years.

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