Good consolidation and breakout of triangle.
SL minimum target is big
Prefer Feb Future along with a PE as hedge.
For cash Positional 2-3 months holding for 27-36%ROI
Potential Multibagger Highly probable.
Amazing delivery and volumes. Big players active.
Robust sales and profit margins improvement.
Strong sector moneyflow and govt support.
ROE & ROCE multiply over time.
Promoter big holding.
Multiyear BO.
Strong sector moneyflow.
Out of a congestion zone.
DII & Ins.co. shareholding increase
Sales and profits margin increase
Sound liquidity and interest Coverage ratios
Sound cash and reserves
Technicals & Chart
✓Standing at Multi year breakout levels.
✓Avg volumes rising since 2018.
✓Monthly trendline breakout done.
✓If sustains over 120 levels for next 2 months, target of 400+ cant be ruled out in any case.
✓Trading over historical demand & supply zones.
Financials.
✓Increasing ROE & ROCE
✓Increasing Margins
✓Profit margins growing
✓Promoters...
