IMFA - Breakout tradeThe stock is poised for a breakout move above it's all time high. Trend and RSI Momentum intact.
My SL would be strictly at 624, target - 711.
IMFA
Indian Metals & Ferro Alloys for investmentGood fundamentals
Company has reduced debt.
Stock is trading at 0.71 times its book value
Stock is providing a good dividend yield of 4.17%.
Company is expected to give good quarter
Good to accumlate around 200 to 250,
SL 170 CLB.
Saptarish Trading
Views are for education only, not a SEBI registered advisor.
IMFA 100% returns in one monthIMFA almost doubled in one month. Shared on 23rd June on Trading view and now see almost at 1000 levels. Partyy!!
