DOUBLE YOUR MONEY PART 3 NSE:VERTOZ broke out from base after a sharp downtrend.
Price jumped above the 30 week EMA, breaking out of a head and shoulders pattern.
Could be a positional gem.
Place a deep sl below 100. Enter at C.M.P and after retrace. Aim a minimum of 1:2 first and then trail stoploss.
Judging by previous high, price could give 100% (1:4) in 3 months to 1 year time.
Position size accordingly now and add more at dips during uptrend.
HAPPY TRADING!
VERTOZ
VERTOZ ADVERTISING - Can it be the next Affle India?I chose this stock because fundamentally it functions on the lines of the same business as Affle India and such companies have very few competitors in the Indian market.
Technically also the stock is bullish after a breakout from a Flag pattern.. So when fundamental and technical meet together, we know what usually happens.
Fingers crossed as this is illiquid as of now but that is exactly how multibagger's are spotted early.
My advice here is buy in small tranches in SIP and test the stocks potential in a gradual manner.
The stop loss (red line) is quite far just to give the stock the space to move in a rectangle, should it show some weakness. You can however, choose a stop loss based on your risk appetite.
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