A second Chance

150 0
After a healthy correction from all time high prices, Meghmani has given a signal of resuming uptrend again.
Fundamentally, a very strong company, with 5.3bn Rupees capex. In the coming years, starting from next, capex utilization will be seen in the results.
Very good future prospects. Soon, the chemical sector could undergo re-rating as well.

This is NOT a BUY recommendation, please do your own research before investing.
Trade active
Comment: Still consolidating.. The trade is still active.
Comment: Great breakout today, should now be moving up, positively. Taking out the old high, and setting new ones:)
The best game now is to wait and sit tight!
Trade closed: target reached: Previous targets of 115,120 have been reached successfully.
Trade active: For further move
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