With the company winning a near Rs5000cr court case while having a market cap of close to 2000cr at some point the stock is bound to rerate..
The stock is on the verge of breaking above the 200EMA and could go long above 349.
Long above 349 with a stoploss below 329. (Keeping a little margin below the 200EMA so we don't get caught in any whips downwards)
This looks like a super turnaround play with a 1 year view.
The stock is on the verge of breaking above the 200EMA and could go long above 349.
Long above 349 with a stoploss below 329. (Keeping a little margin below the 200EMA so we don't get caught in any whips downwards)
This looks like a super turnaround play with a 1 year view.