Geojit Finance Ltd. has recently given a multiyear breakout and is now in a phase of range contraction. What's interesting is that volume is dropping, which is typically a healthy sign of consolidation.
On top of that, the fundamentals look strong and the company is expected to deliver a good quarter ahead, which could further fuel its momentum.
Here's what we’re watching for:
📉 Volume contraction – Signaling reduced selling pressure. 📊 Potential breakout – Keep an eye out for the next move to position ourselves! 💹 Strong fundamentals – Supporting long-term growth potential.
I'll be monitoring closely, and it might be a good time to do the same if you're interested. 🚀
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