Big breakout in optiemus, keep the stoploss at 293 and buy on every dip for the target of 400
and currently stock is trading at pe of 52, bit overvalued so do not hold for longer period
*Optiemus Infracom Ltd.*
C&H Formation on Yearly Basis *Underway*.
Sharp Spike in Volumes. Continued BuiltUp to be Watched.
Strong Resistance @385.
Need 42% Upside to Cross Yrly C&H Price Trendline.
Trail SL with Upside.
Book Profit as per Risk Appetite.
Optiemus (1995); Engaged in Distribution of Mobile handsets - Nokia, Samsung, HTC.
Presence: 27 Regional...
Optimeus
CMP 293.
Weekly chart.
Cup formation observed post a long pole.
Buy above 305 to ensure a convincing breakout.
Stop 220.
Target 390 plus.
VALID ONLY ABOVE 305.
