Huge cup and handle pattern breakout in Excel Industries with rising MACD
histogram and RSI, also it has crossed previous congestion zone with massive volume
in such a bearish market with indicates its huge buying interest.
Accumulate near breakout zone, don't hurry because market is highly volatile, I am estimating that it can soon see
levels of 1700-1800.
I can see amazing opportunity buildup in Excel Industries.
I am expecting good return if not amazing in coming 6 months looking at charts and as per technical analysis.
Weightage of 4-5% can be given in long term portfolios.