IFCI READY FOR COMEBACK , NEXT MULTIBAGGER
The stock is a perfect example of rounding bottom pattern moreover it has been improving its fundamentals drastically at an unprecedented rate which is a pretty good sign , the company has posted a profitable years after 5 long tiresome years , also the volumes have gained similar like 2007 levels
Technically the company has completed its 2 stages which are donwtrent (2007-2010) and consolidation (2011-2023) and now its time for the bull to take over (2024-20??) .
TARGET 1 -77
TARGET 2 -115.75
TARGET 3 -226.25
TECHNICALS + FUNDAMENTALS + VOLUMES + SECTOR MOMENTUM ARE ALL ALIGNED
Technically the company has completed its 2 stages which are donwtrent (2007-2010) and consolidation (2011-2023) and now its time for the bull to take over (2024-20??) .
TARGET 1 -77
TARGET 2 -115.75
TARGET 3 -226.25
TECHNICALS + FUNDAMENTALS + VOLUMES + SECTOR MOMENTUM ARE ALL ALIGNED
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