AIA Engineering looking good for investment.

AIAENG
Despite market showing correction, this stock hasn't corrected at all. Instead it is very close to its life time high which it formed two months back. On drawing Fib levels from pre covid high to covid low we can see price holding 1.618 Fib level (around 2695/-) in a very well manner.
Drawing a channel on longer term monthly framework shows price still very much near to bottom with a good growth potential ahead.
It can be bought for both longer as well as short term with SL at 2650.