Fundamentals : Company has reduced debt. Company is expected to give good quarter Company has delivered good profit growth of 82.92% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 39.10%
Technicals: Created base around 230-250, getting bounce from these levels, can accumlate some at CMP and more if it comes near 230-250. Can add more above ATH.
Also bounced from 100 Period MA
Investors can hold without SL, if one must, SL is 170 Closing basis.
It's generating reverse flag pattern so it seems bearish for short term. 240-250 levels possible. hold for long if you have conviction for minimum 3 years. will be multifold by 3x for sure.