GHCL- Start accumulating in deep for Investment

GHCL- Start accumulating in deep for Investment

 GHCL is a fundamentally strong stock with a quality PE and PEG ratio...

I find a quality investment opportunity in this stock with good reward ratios. Fundamentals of this stock is given below..

The technical chart is given below with target and accumulations

As this stock is little overvalued but having very strong fundamentals. One can start accumulation of this stock in deep. The levels for accumulations are as follows 190/181/174/167/156/150.

These are all Fibonacci retracement level  for accumulations.

The targets may starts from 214 / 253 / 273

A dynamic professional with around 22 years’ rich experience in Marketing, Business Development and Business Analysis. But above all, a passionate Capital Market Analyst and option trader for last 20 years with in NSE/ BSE and cryptocurrencies.