BSE:XELPMOC might take a few months to finally breakout from the current channel. But once it does, should reach Rs600 as fast as it could.
This stock has been continuously doing well. The company invests in other start-ups and drives its value from that. The stock is following its trendline well. I expect growth and compounding to continue in this one.
Tomorrow has trade and close above 270 for breaking the minor resistance. Bullish in short term and will break out above 341 in short term.
It has broken down trending line with good volume. Stock has moved 10% yesterday itself. So either half position can be taken now and remaining half can be added at time of consolidation or we may wait for some consolidation. SL may be kept near 249 considering half buy near 268 level. Further the stock has closed at the highest point of the day.