CuriousChartist

VERTOZ ADVERTISING - Can it be the next Affle India?

NSE:VERTOZ   VERTOZ ADVERTISING LTD
I chose this stock because fundamentally it functions on the lines of the same business as Affle India and such companies have very few competitors in the Indian market.

Technically also the stock is bullish after a breakout from a Flag pattern.. So when fundamental and technical meet together, we know what usually happens.
Fingers crossed as this is illiquid as of now but that is exactly how multibagger's are spotted early.

My advice here is buy in small tranches in SIP and test the stocks potential in a gradual manner.

The stop loss (red line) is quite far just to give the stock the space to move in a rectangle, should it show some weakness. You can however, choose a stop loss based on your risk appetite.

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Comment:
Also this company had given a bonus 1:1 in January 2020
Comment:
Today's market has crashed because of China Tensions. This situation is beyond technical analysis. I suggest to book losses and prevent yourself from further unpredictability.

No doubt good stocks will recover but the time frame isn't certain. Also if you sit with your cash ,you can reenter at lower levels.

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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