TARGET AND STOPLOSS IN CHART
Management expecting good growth till FY 25. Upcoming 3 projects will be key
1. Central Mumbai 1 - Bhandup SRA
2. Central Mumbai 2 - Kanjur Marg
3. Vikroli Project
Manhattan sales are moving up steadily.
Greenfinity, sikova will be completed in next qtr.
Nucleus commercial is ready and company expecting 100 cr revenues...
There is a channel breakout in monthly chart for the NSE:AJMERA .
This stock can be added for long term portfolio investment. This has the potential to give 4 times the investment in 3 to 5 years.
RSI and PSAR are indicating incremental buying signals.
Follow the channel for frequent updates.
In addition to previous idea 'Possibilities in Ajmera Realty & Infra India Ltd', it can be noted that there is breakout of rounding bottom pattern and a straight line resistance of about two and half years.
Disclaimer - This is just for educational purpose and not a trading or investment advise.
Three major possibilities in Ajmera price action. It has resistance zone of 235-250, Level of 290 and 350+ is possible if price able to break the resistance zone, else it might come down to 200 levels, there is also chance of consolidation between the range of 235-250. Considering price action of last few days, I am on upper side :)
Disclaimer - This is just for...
AJMERA - Volume breakout. Entry, SL, Target updated on chart.
These idea's are not my recommendation. Do your own analysis before making any trade based on this idea.
