Updated: Jul 17, 2021
Update on previous Multibagger picks
PhilipCarb : Posted on 6th Sep 2020 at Price 124. click to read
Todays Price is 192, Great return of 75% in just 6 months
EicherMotors : posted on 14 Nov 2020 at Price 2514. click to read
Todays price is 2781, return of 15% running
One more stock triggered on our system is #AGARIND and likely to rise by 5X in coming years. let us discuss the setup in detail
No 1 : History : Have a look on below chart
What do you see in below chart now ?
You can see the stock started its rally in 2016 and it went one way up from 116 to 700 in just 1 year. I hope you can see in above chart.
No 2 : Volume: What do you see here ? did you see retest of base from where stock appreciated by 700% previously and that too without getting out smart money. without getting out money means volumes missing during come back of this stock.
No 3 : Restest : Now stock again gaining momentum from this retest level.
No 4 : Higher High, Higer low pattern. look at below image now, you would know what I means by HH, HL at strong support
No 5 : Promoters holding is above 59% as is constant for last 2 years (Good)
Above all factors makes this stock attractive to and I and my clients have positions in this.
Target and stop loss. I apologize here as, I don`t believe in targets and stop losses. I ride strength and exit weakness. I would stick to this stock until any weakness seen. I can sense stock might turn multibagger with 5x targets of Rs 600-700.
This stock already taken by us and our clients via #RideMultibagger pick No 130 on 11th Jan 2021. (Shoots attached below)
I hope you like this Stock Idea and would be grateful if shared with your near and dears.
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disclaimer : above analysis is my personal view, not a buy or sell recommendations.
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