REPCO HOMES ANALYSIS

FOR LEARNING PURPOSE

REPCO HOMES - The current price of REPCO HOMES is 500.75 rupees

I am going to buy this stock because of the reasons as follows-

1. Its coming out from a good consolidation base

2. The breakout candle is good with great volume

3. Its giving 6 year high break after some rest

4. It is showing better relative strength as it stood strong in volatile times

5. The risk and reward is favourable

6. This stock has underperformed in last few years but now, its showing some signs that it can do good

I am going to buy this on Monday with minimum target of 35-40% and then will trail after that.

My SL is at 430 rupees

I will be managing my risk