Indo-count has broken the trendline resistance and given breakout. Also, it came down to retest and took support on the trendline and bounced back. Since this is a multi year one, it looks like at least 3X from the trendline.. which would make it close to 1100-1200 levels.
Just had a look at the fundamentals - decent promoter holding, no pledge, DER below 1, Altman Z score more than 3. PEG is less than 1. Revenue and Profit growing QoQ and YoY. I think this is good to go for a big run
Just had a look at the fundamentals - decent promoter holding, no pledge, DER below 1, Altman Z score more than 3. PEG is less than 1. Revenue and Profit growing QoQ and YoY. I think this is good to go for a big run
Note
Massive 15% upmove today!Note
Stabilising over resistance line for sometime before upmove (hopefully!) Lets see where it goes.Note
Weekly close 415. Looks like breaking out. Let's see.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.