According to elliott wave theory, wave 2 is now complete as the price has given deep 78% correction.
Now wave 3 must start and can go till 300 as wave 3 will extend 161% of wave 1 and thus risk reward is very good of 1:5
Fundamentals also company has shown immense growth in sales and profits.
Promoter is holing more than 60%
So this company can be kept in portfolio for quick gains in next 3-4 months.
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