Growth
Making of U , Seemingly a multibagger.Long term stock, could form a complete U .
posted a growth of over 17% and also a debt free company, recently NCLT approved the merger of Karix Mobile Private Limited and Unicel Technologies Private Limited with Tanla Corporation Private Limited on June 30, 2020.
As approved in the NCLT Order, Tanla shall be named as Karix subject to regulatory approvals
Nifty Moving Towards Old Highs?Nifty 50 index is trying to break it's resistance line and it looks like it will be successful to do so. The next resistance for Nifty comes at 10760 which is it's old high and after that sky will be the limit for Nifty, but will that be easy at a PE of more than 28 ?? Only time will tell. I think everyone should trade cautiously at these levels because everything can go away in a matter of minutes, especially when the growth picture of the world is not looking good. History suggests that tops are made at the time of euphoria and it can repeat itself.
{ Very Bullish } Symmetric Triangle Breakout with rising RSI NCC
Time Frame : Monthly
CMP : 98.4
RSI : 63
It has made a triangle breakout with Bullish Bollinger Band Expansion...
It is looking very bullish..
Its targets are 120/150/180+
SL : 95 which will be trailed...
Note: Do your own study before making any positions...
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