GRAUWEIL did the surface finishing for the Mangalyaan and Brahmos missiles now will launch itself into orbit so this is a bag to HODL .
High time frame this looks set to flip current resistance and break the down trend line since Jan 2018 . Till demonetization in Q4 2016 had a butterfly effect on orders resulting in the downtrend kicking off.
I feel this baby is now set to target a tad under 100 before it continues price discovery for now 46 is the key . Flip that and the downtrend line is history.
Had a quick read and this company seems to be low geared and a nice list of clients its serviced in the past . Roll's Royce, BAR center etc..
Not sure if it still owns the land which is worth more than its market cap but all in all a safe decent pick which should move fast .
Will update a lower time frame graph next to figure out whats happening in the short term for our entry.