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Company should get a few projects awarded from the Bharatmala initiative of Govt. Technically a good breakout with volumes should see it test 440 levels.
Target 800 plus
1) Stock has broken out of the consolidation zone previous month with above average volumes.
2) Stock currently in a cosolidation phase post breakout.
3) Breakot out accompanied by spike in RS and also bullish MACD and Stoch oscillator.
4) A similar previous breakout has produced 100% returns (2x). Hence the expected ...
Sadbhav looks weak on daily chart. Sale with the target of 368. Keep a strict SL of 447
Breakout above 321
Sadbhav Engineering:280 near to its long term support region,Res:350 STOP:270
Recently was in news few days back about the new contract bagged worth 900cr. Having good sales growth and profit growth, it seem to be a good bet at current level. Debt equity is around 1.13 is bit high. Some sites like screer.in is showing horrorful DE:11, but I checked the company ...