Accelya Kale Triangle + RSI breakoutAccelya Kale solutions is a software solutions provider for airline and travel industry which has good fundamentals and stellar OPM, ROE & ROCE with reduction in debtor days and increase in operating cashflow.
Technicals:
Stock has made RSI breakout in weekly timeframe. Price yet to make move strong. 30-40% potential to rise
Cons:
Working capital days increased
Dividend payout ratio above 70%
Stock trading 9 times the book value
Accelyasolutions
Accelya Solutions for 60% gainAccelya is a software solutions provider to global airline and travel industry, the sector that is booming more than ever. The stock looks good to attain a mid term target of 2750, also the 1.618 Fibonacci level, visible on the chart. In addition, a cup and handle (C&H) is under formation since Feb 2017 which has a target of 3000+. In any case, a 60% jump is attainable in the next 6 months to a year i.e a minimum of 5% a month.
Remember, the easier it seems, the more it tests your personal traits. This is not a trade recommendation. Please do your own due diligence.
Accelya Solutions: Multiple bullish pattenIn the Daily timeframe, this less known mid-cap Technology stock NSE:ACCELYA is showing confluence of multiple bullish chart pattens.
A beautiful rounding bottom formation happened over last 4 months.
Followed by a breakout with very high volume on 15th Jan.
Followed by consolidation and re-test of 1750 level.
During this consolidation between 15th Jan and now it's creating a bullish pole&flag patten.
An excellent price to enter is around 1700 (or even 1730 is ok). It can reach upto 2xxxx on next few months (1 year horizon).