Very big breakout on monthly timeframe
After breakout many monthly candles have already sustained above multiyear resistance
mcap 186cr
stock pe 11.2 < industry pe 18.7
cmp 71.6 < book value 75.5
Dividend yield 0%
debt to eq 0.47
promoter holding 63.97% vs 73.65% in Dec 2020 ( decreased )
1st Target 5X
Will book half @ 5x
Bought medium sized position.... Will...
GEE as per Day Chart Analysis Stock
ABOVE 88 TARGET 93
Today FII Net selling had come down considerably to 203.13 Cr and DII Net Buying increased to 1723.79 Cr.
Nifty Once Breaks the resistance at 18169 then the target is 18240 level.
Bank Nifty Once Breaks the resistance at 42716 then the target is 42932 level
Tomorrow Market trend to be on the positive...
