ApolloMicro SystemsApollo Micro Systems (AMS) is an Indian defense and aerospace electronics company poised for growth due to strong order books and expansion plans.
Apart from the Fundamentals, from Technical Point of view based on previous high breakout, stock has reached the Fibo Extension of 325.95. and its the Major Resistance.
Its a buy on dip candidate for a short to long term Investment stock,
with next target of 448.75 / 524.65.
Shortterminvestment
IEX - Trading at almost 50% points away from 52 week high NSE:IEX
Indian Energy Exchange (IEX) is the premier electricity exchange in India, which facilitates trading of electricity regulated by the Central Electricity Regulatory Commission
IEX commands a market share of ~90% in the power exchange market
The company has a debt free balance sheet with cash & investments to the tune of ~ |340 crore
Found attractive swing trade/ short term investment opportunity with lower risk ratio
Buy for the target - 166, 180, 220
Stoploss - 130
Kennametal Cup - Burning hot oneKennametal seems to be broken out of the cup which it was forming since its inception...
After almost 18 months of consolidation (after Oct 2019), Price has broken out.
Very Good Opportunity for short term investors.