Good fundamentals and technical support for a good return Long

NSE:ASHOKA1D

ASHOKA BUILDCON LTDNSE

Description

⋅ Jan 2, 2021 5:01 AM

Potential to shoot up to given target above the trend lines. Fundamentals also support the prediction.

Trade active

⋅ Feb 10, 2021 1:12 PM

Target 1 Hit, High Potential to go up(with some consolidation)
Best for Swing and Mid-Long Term investment.

Trade closed: target reached

⋅ Jan 3, 2023 12:01 PM

Comments

shangeth

⋅ Jan 2, 2021 7:55 AM

[Educational Purpose Only]

pawanrd

⋅ Jan 7, 2021 3:49 AM

RSI IS MAKING NEW HIGH...CAN IT BREAK THE LAST HIGH OF AROUND 88 OF RSI..

shangeth

⋅ Jan 7, 2021 5:47 AM

@pawanrd, the stock has the potential, anyway, RSI is relative, so we don't need an RSI value greater than 88 to make a profit. The stock has been consolidating for a long, maybe it will take another 2-4 weeks for a breakout(maybe sooner as well). Keep an eye on levels 100 and 105(based on the previous price).