DOLATALGO - STOCK GAVE A BREAKOUT & THEN RETRACED TO MA

Hi All,

This idea is about Dolat Algotech Ltd

On the weekly chart stock gave a healthy breakout & then retraced to nearest 10 SMA Moving average for few weeks. Now it is ready to move with a gap up weekly opening. Good volumes indicate that price action will continue to move upside

Stock is trading at PE of 15 and is expected to give good results.

Continuous uptrend in sales/profit

About the company:

Dolat Algotech Ltd is a trading cum clearing member of NSE India and carries on the business of securities broking and securities trading.

Happy Investing,

Thanks,
Stock-n-Shine