The stock broke out of a long consolidation box a couple weeks back. The past 2 weeks its been retesting that box which has been acting as support.
There is one resistance on top as well..
Long above 734 and then 772.
SL 700 after the first buy..and 735 once the 2nd buy is done.
Target could be closer to 900.
Fundamentally strong company which is sitting on almost 600cr of cash on its book. Trades at an extremely cheap PE.
Watch out for this stock next week..my alert has been set and i will be buying it into results season.
There is one resistance on top as well..
Long above 734 and then 772.
SL 700 after the first buy..and 735 once the 2nd buy is done.
Target could be closer to 900.
Fundamentally strong company which is sitting on almost 600cr of cash on its book. Trades at an extremely cheap PE.
Watch out for this stock next week..my alert has been set and i will be buying it into results season.