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MAHABANK

#FILATEX 46.90 Upside 17% Recommended Buy - Rachit SethiaFILATEX 46.90 TGT 55 SL 43 TF < 6M Return > 17% ++ RR > 2.5 Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:FILATEXLong
by Rachit_Sethia
Fundamental and Trend following approchMAHABANK showed excellent quarterly results (As posted by company quarterly results) Earning growth (QoQ) is +37.5% Revenue growth (QoQ) is +10.47 (Proportional to net profit) By technical analysis SMA day 200 is Below SMA day 150 and SMA day 50 is below price, which is a very excellent condition to buy the stock. Considering fundamentals and technical analysis (Trend following) this stock (MAHABANK) is sure to turn into a multi bagger stock (by holding long term).
NSE:MAHABANKLong
by MadhuVamsi