Equitas Small Finance: Bounce-back potential

От kurrent
Technical/Fundamental play

Stock dipped post poor earnings, and may remain in this zone until post ex-div date. I will start adding from monday and go heavier post ex-date.

Few points:
Stock at '23 levels and strong support zone
RSI at 26 (Lowest RSI in stock history)
On avg analyst pricing this stock at 100rs (21% upside)

Personal px tgt at 90rs (11% upside) accounting for margin of safety
Chart PatternsTechnical IndicatorsTrend Analysis

Отказ от ответственности