DFM foods, on a monthly long term chart basis forming a cup an handle formation in progress with 3+ years of consolidation - though handle formation not complete yet( its around 420 - 430 price range).
Q2 results due and fundamental are good though didn’t perform in last one year ( case with many FMCG)
Question to seniors- @hitesh2710 , @phreakv6, and other seniors practicing technicals+funda, - how do we approach and build positions in such cases like DFM with least amount of opportunity cost - wait till formation is complete and there is breakout with volume - or can start to add( say 1/4th of desired allocation)as strong base is also formed and add more on breakout. Usually post breakout after long consolidation it runs up pretty fast.
( bounced multiple times from 330 and has been in range of 330 to 430 petty much over last year), this qualifies as good fundamentals pick also more details here on fundamentals ( story of PE- Advent taking over and sharp mgmt team driving turn around )
Invested with minor allocation, trying to learn optimal ways of capital deployment