CMP : Rs 13.8
Positive Reasons for Value Buy
1)Stock Trading Just below 13 day EMA with Positive momentum divergence so price mean reversion could target towards 34 and 55 Weekly EMA
2)10 Week momentum indicator is just below 0 which indicates possibly a quicker
positive moves in short term
3)If there is a mean reversion towards 34 Week EMA and 55 Week EMA then the possible targets are Rs20 and Rs27.
4) Stop Loss Comes near Rs 11.60 … Just below 52 Week low
5) RSI-2 is towards 49 which indicates once again a positve technical sentiment.Breakout for this stocks comes above 15