The quarterly results have reflected a huge loss to the tune of 25K Cr loss... But most of the component of loss were for known reasons.
On charts the stock has support AT 7.8-6.6 levels
Above the red line the stock may signal a breakout...
Keep a close eye.. Consider buying on dips or if you observe a breakout above the red line
Disclosure: This stock has been recommended earlier at when the price was around Rs 4 in the month of January.
Take care & safe trading...!!!
Discliamer: - The view expressed here is my personal view - Use this for educational purpose - Any decision you take you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
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