IMFA: Short term view; Bullish

As of now this is the safest stock upto Jan(thier record date of bonus)
Technical: 1. Price is above the cloud and Lagging span above the cloud and candle close
2. Daily MACD crossover
3. Daily RSI positive
Fundamental: 1. Bonus candidate
2. Last qtr result was good
3. Half Yearly EPS is 90+
4. Southafrica affected by covid. They are the top producer of Ferro chrome. So ferro chrome price may go high.


It can go above the given target levels. CMP(when posted): 803


Vijayaraghavan.K,
RKV Fin,
Kovilpatti.

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