inox leisure seems to have started its journey upwards and has all chances of moving up significantly from the current levels. it has broken out of the Cup and Handle pattern formed over a period of nearly 18 months and has broken out of it now. as the length of the period is too long we can expect a good rally in the stock in the comming weeks. Off late its financials has also been on an increasing trend for last four years except for one year and its half year EPS is more that last full years EPS giving an indication that the rise is on basis of improving fundamentals and we have chances of seeing further upsides in the stock. stop loss below Rs.80.
M.Sri Mahidar
Trend is Friend.