Buy DHFL... You may ask why ?

11 jun 2020

DHFL it has fallen from 680 levels to Rs,5. and moved from 5 to 18. This is a very risky trade and not a short term trade. Since last year DHFL had stopped giving loans to customers and sacked most of the staff. Some of friends are and were working as branch managers in DHFL since last 5 to 6 years. As of now DHFL has started giving loan to it customers since june 2020 and also started hiring which shows a +ve improvement. which is not known to traders. So if you have time horizon of 1 to 3 years you can take the trade. with limited investment of Rs.1000 to 5000. it can give you 100 to 200% or more returns. you can keep a stop loss and invest in it. Trade at your own risk this is not a technical analysis call