This stock has seen some strong conso for some time now and the fibo level 0.5 re traced from earlier big rally. Decent volumes have been spotted today with only 1 hr of market passed by. Could be a breakout from a stronger conso and dint participate in the recent rally of small and midcaps. As a technical analyst for me the medium term sl looks at 299 on weekly closing basis. On fundamental front i havent analyzed the company
Disclaimer: This is not a buy advice. One may conduct their own due diligence before buying the stock.
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Strong breakout after massive consolidation. some relief in terms of ASM also observed as per updated list. Hence some extra move. holding for another 10% here. sl 399 on closing basis
Trade closed: target reached
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Sl took down sadly but subsequently target reached