It has been observed on monthly chart that the price action breaks above strong resistance zone and shall further move up as buyers are now in control.
Fundamentally, the company have recorded highest quarter sales, and also sustaining growth in net profit margins, which has boosted the momentum in the stock.
Long term view:
T1- 180
T2-210
SL -140
Short...
Infibeam has closed at its all time high after a breakout of this level today. If it sustains above 900 stock looks set to make new highs into 4 digits
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BSE:INFIBEAM
