Trendline is the short term target, 2nd target is at ATH 3880.
If it breaks ATH, then new target will be updated based on Fibonacci.
NOTE: Never invest more than 5% of your capital in a single stock.
PROS:
- Its net profit is increasing from last 4 quarters
- Stock is trading at 0.64 times its book value
- Gave a strong breakout with volume
@arsalanansari17
Targets are mentioned on the charts
SL - 37.5