Deeply undervalued mid cap gem with strong fundamentals.
Is setting up 5 GWh factory to manufacture Lithium Ion Batteries.
Technically RSI is showing weak bullish divergence on daily TF.
Currently price is hovering around 2015 levels whereas revenue increased more than 6 times and profit just doubled due to reduced profit margins.
With increasing number of...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.