Quick Take: Use Market Cap, Not Just Price, for Take Profit Levels

When assets are in price discovery, price alone doesn't tell the full story. Instead of guessing targets based on past charts, try focusing on market cap. Why? Market cap reflects the actual valuation, not just price per unit — making it a better gauge for how extended a move might be. Example: A stock going from ₹100 to ₹150 sounds big — but if the market cap only moved from ₹500 Cr to ₹750 Cr, it may still be undervalued compared to peers at ₹2,000 Cr+. Focus on where it can go in value, not just price. Especially useful for newer tokens, small caps, or IPOs where there's no historical resistance. As a SEBI-registered RA, I always stress: it's not about where price has been, but what valuation makes sense. If you found this post helpful, do follow me for more such insights!