A 20% Potential Techno Funda Idea

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HDFC Mutual Fund Picks 0.56% equity on April 7 which also marks a 52 week Low and terminates the selling. Subsequently the companies has announced launch of a Semiconductor Subsidiary which is a Fundamental positive news. Elliot wave has marked its Wave 5 on the downside. Stochastic has given a buy signal now a rise above 40 on the Rsi will trigger buying and give a target of around 1350 from the current price of 1150 rewarding a 20% return. So Buy.
Nota
On a runway, signals for takeoff will be given when RSI crosses 40. On April 11 Friday its at 33.

Penafian

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