A stock in peak momentum which has a future company investing into 5g technologies. Recently a marquee investor Vijay Kedia has been picking big quantities from lower levels. This company has been putting a lot of its money back into R&D and should be ready for future business.
Technically the stock was in momentum and now went thru 8 weeks of consolidation and has broken out again, if we get follow thru on monday i expect this to be one of the best performing stocks of the week. A very similar pattern can be observed in IndiaMart which also consolidated for 8 weeks and again took off..I am hoping this one does something similar now.
Long at CMP with SL below 154.
Disc: I have a holding in this company and hence might be biased.
Technically the stock was in momentum and now went thru 8 weeks of consolidation and has broken out again, if we get follow thru on monday i expect this to be one of the best performing stocks of the week. A very similar pattern can be observed in IndiaMart which also consolidated for 8 weeks and again took off..I am hoping this one does something similar now.
Long at CMP with SL below 154.
Disc: I have a holding in this company and hence might be biased.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.