I chose this stock because fundamentally it functions on the lines of the same business as Affle India and such companies have very few competitors in the Indian market.
Technically also the stock is bullish after a breakout from a Flag pattern.. So when fundamental and technical meet together, we know what usually happens.
Fingers crossed as this is illiquid as of now but that is exactly how multibagger's are spotted early.
My advice here is buy in small tranches in SIP and test the stocks potential in a gradual manner.
The stop loss (red line) is quite far just to give the stock the space to move in a rectangle, should it show some weakness. You can however, choose a stop loss based on your risk appetite.
*****
Help Me to Help Us.
I believe in keeping the chart simple with minimal drawings & easy to interpret.
So kindly express any disagreement & improvements so that we learn & earn together.
Please support the effort and appreciate it with a Like if you felt it deserves it and Following me would only add on to the motivation.