-50 points in near term... 30+ days sees more than that is my view
Selling and timely moving from fundamentally weak stocks to strong stocks is key to smart investing. This may be a good time to sell Adani Wilmar and move to a better stock.
Your stock Adani Wilmar does NOT have a definitive technical trend and the stock's fundamentals leave less chances for it to rise from current levels. Hence, we may suggest you to sell Adani Wilmar.
Why may you consider selling Adani Wilmar?
-Poor Management Efficiency with a low ROE of 8.85%
-With a fall in Net Sales of -6.81%, the company declared Very Negative results in Jun 23
-Stock is technically in a Mildly Bearish range
I personally hold few and looking to sell when I see a chance to cover my loss