Good structure in GEOJIT
Very good volumes in uptrend and volumes dried in consolidation
Buy at CMP or add till 53
Target 76-84
SL-39(Closing basis)
risky bet please maintain money management and position sizing in this trade (in all small and mid cap stocks)
Market Cap-- ₹ 1,591 Cr.
ROCE-- 14.3 %
ROE-- 9.65 %
Stock P/E-- 15.1
Company is almost debt...
Bought @471 | SL @453
Immediate TG @500
- Geojit has also came out with their BUY at 473 with 20% target in 12 months.
So lets first target for T1 @ 500.
GEOJITFSL has formed right-angled and ascending broadening formation.
Short below 110
SL: 120
T1: 97
T2: 80
PS: This stock is not listed in FNO segment. So please use this analysis as a supportive tool for your intraday/investment setups.
![GEOJITFSL: [Positional] Geojit Long....](https://s3.tradingview.com/1/1tgGHPNi_mid.png "[Positional] Geojit Long....")
