Action Construction equipment limited a reowned company in the infrastructure sector which has its major business in supplying cranes to construction has given a slight breakout in the 200DMA line which is considered a good uptrend when backtested. Stock was not moving as there was dumping of cranes by chinese companies so april 6 the Govt of india may levy a...
Unicommerce esolutions Ltd. Its business is very attractive and it co exists with the ecommerce industry meaning growth in ecom business will rise the revenues of unicommerce ltd .Their business model look great and revenue is growing in a very high rate compared to industry norms . Technically its in a down trend since IPO due to high valuations in the IPO...
We can see clearly that the 50 DMA has crossed above the 200 DMA which indicates a strong bullish move (Golden crossover) Fundamentally the company is doing very good and the recent restructuring of the co will be benifical in the coming years There may be a retest in coming days but the overall trend will remain bullish #DYOR
If we see a closing of above 240 in the weekly chart of IREDA then it can easily touch new heights without any issue. This is a early stage breakout opportunity as the main factor for the breakout can be the results the company posts on Jan 9 . #DYOR
the stock was trading at its zone for the past one month until it broke the support and recovered the next day hope it can retest and give a huge upside as it has great new related.