GOLDIAM INTERNATL has given rectangle break out after 3 years.
as per the Fibonacci retracement followings are the long term multibeggar target for the stock with SL of 70
Target 1 180
Target 2 230
Target 3 261
Pe at 23 with only a few MFI to get banking licence, NIM at 14% compared to 4% for banks, operating cost have peaked out which were required for banking operations, massive pe rerating on the cards, at a potential breakout point. This bull market leader will be MFI (NBFC) bandhan n ujjivan , both have doubled in last one year
KEI Industries (BSE: 517569 | NSE: KEI) changed course after nearing INR 500 Levels kei share price reached all time high of INR 495. There is selling seen in the counter and chances are there for correction, the share has not corrected since the beginning of multi bagger rally.
Fundamentally very good stock with very low beta, will not be affected even after market crashes down. This is going to be a multibeggar soon. Just wait and watch for another 3 months.
Target 650 - holding period 3 months
The stock has a multiyear support at 24 which will form the base for the next rally if Nifty is in uptrend if this support is broken the next support will be at 20 levels.
Once can accumulate the stock for long terms and keep adding on dips the stock is in strong uptrend and has good potential owing to its exposure to Patanjali which is doing too good.