As U Can See Form The Sep Q2 Results That Lihita Justify Its Valuation, But Its Is Stuck In Between 365-385 Level From A Long Time , As If Its Crosses The 395 Level So U Can Aim A Taget Of 430 First, Them 455 Second And 480 Third .
And If The Next Q3 Results Falls Its May Go Down To 300 Gain So Exit Your Postion At 350.
At Present For Swing Traders Buy It At 362...
their is a strong upside potential here
as u have seen the company is really good but contious trading at discount levels
and retail invertor are not yet interested in it reight now
this is the right time to amke good entry here
there was a upside potential because of the buy back and trong fundamental as well as improved order book , and as the stock ha maintained the level of 95--970 for continous period so the resistence was strong . and having a upside of 12-15% and hence the target is reached in 14 days.
