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Om Metal infra looks postive with a falling wedge playing out
Breakout with volumes can crossover 35.5 and get into a bullish zone
Views: Biased ;)
OmMetals - Multi year support broken around 36. If it falls further then the next target would be around 29.
Investment Idea . Fundamental call
Good EPC company for POWER based projects.
Infra based development projects to complete by 2018.
All levels in chart...
Everything explained on the chart...
Buy on breakout retest and hold for 100 with SL of 60 on weekly closing basis.
A good breakout from Consolidation.
SL Close below 74
Om Metal infra
Consolidating post the breakout at 64 and a flag in the making.
This stock is poised to pose its best returns in the days to come
Above 81-82 this stock can do quickly 90-110
OM metals has broken out with a jump in Volumes. Key level remains 54. A close abv 54 can take it to 63
A move past 54 in stock is likely to take it to levels of 64.
Breaking out of a trendline and a C5 made. This stock can be a multibagger in the making...
Fundamnetally the stock is doing great and the value will unlock soon