Infibeam Avenues Ltd.
Viés de alta

INFIBEAM AVENUES BROKEN OUT OF BOX, NOW GETTING READY FOR UPMOVE

765
1. Infibeam Avenues posted spectacular set of numbers in Q1 (net profit jumped Q_Q 28%, Y-Y jump of 208%)
2. On the back of its numbers it is clearly in uptrend.
3. On 1 month time frame, it has broken out of box channel and retested the resistance line.
4. Now it should resume its up move
5. Target-1 of 36.02, target-2 of 39.06 and final target of 42.39 in short to medium term with a stop loss of Rs 30.00
6. Above analysis is for educational purpose only/ it is not a buy or sell recommendation.

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