Geojit Finance Ltd. has recently given a multiyear breakout and is now in a phase of range contraction. What's interesting is that volume is dropping, which is typically a healthy sign of consolidation.
On top of that, the fundamentals look strong and the company is expected to deliver a good quarter ahead, which could further fuel its momentum.
Here's what we’re watching for:
📉 Volume contraction – Signaling reduced selling pressure. 📊 Potential breakout – Keep an eye out for the next move to position ourselves! 💹 Strong fundamentals – Supporting long-term growth potential.
I'll be monitoring closely, and it might be a good time to do the same if you're interested. 🚀
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.