Aegis - CUP&HANDLE breakout-22% return expected
Aegis Logistic has given a fake breakout after CUP& handle formation and at present re-testing support line/demand zone 320~330.
As FY21 Q4 result is expected on 27th May'21,Estimated EPS-2.93 against FY'20 Q4 EPS 1.0 and FY21 Q3 EPS-2.06.
Position to be taken at present price level 320~335 with small SL-317 for the target of T1-380~385 and T2 400~413
Fresh breakout expected next week , if result met estimation or above break will be sure and sustainable, if not can be exited in SL level.
As FY21 Q4 result is expected on 27th May'21,Estimated EPS-2.93 against FY'20 Q4 EPS 1.0 and FY21 Q3 EPS-2.06.
Position to be taken at present price level 320~335 with small SL-317 for the target of T1-380~385 and T2 400~413
Fresh breakout expected next week , if result met estimation or above break will be sure and sustainable, if not can be exited in SL level.
Trade active:
CMP:366
