🔶𝗜 𝘀𝗰𝗮𝗻𝗻𝗲𝗱 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝗵𝘂𝗻𝗱𝗿𝗲𝗱𝘀 𝗼𝗳 𝘀𝘁𝗼𝗰𝗸𝘀 𝘀𝗼 𝘁𝗵𝗮𝘁 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁 𝗵𝗮𝘃𝗲 𝘁𝗼🔸
Here are My Top 4 Breakout Picks
3. INDIGOPNTS
-festive season may have an uptick in demand
-improved cash from operations year over year
-highest ever sales and EPS
- Indigo Paints is currently trading at 1502
- Paint stocks have a huge correlation with Crude Oil Prices
- Whenever we see BRENT/WTI Crude Oil Prices getting slaughtered we always see Paint stocks moving up
- Similarly the setup for Indigo looks good to me and we can easily see this purging above 1600 soon