Positional analysis for 6- 12 months. CMP 5.1 rs on 29 oct 2024
Price has given good correction in its wave 2. Wave 3 can start here. Thus bull run will start now and price can give good move till 15 rs from here and if we can hold this for duration of 12 months then we can see new highs and achieve good profit from now.
Fundamentally company has gives sales growth of 245% in last 3 years, and profit since last 3 years is 39%. So fundamentally company is showing good results too.
Perfect buying range 5 to 6 rs sl 1.8 target 1 = 11, target 2 = 30
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