NSE:VERTOZ broke out from base after a sharp downtrend.
Price jumped above the 30 week EMA, breaking out of a head and shoulders pattern.
Could be a positional gem.
Place a deep sl below 100. Enter at C.M.P and after retrace. Aim a minimum of 1:2 first and then trail stoploss.
Judging by previous high, price could give 100% (1:4) in 3 months to 1 year time....
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...
