CHART IDEA ON QUESS CORP
Fundamental Analysis: The company has a high trailing twelve months of EPS growth, with strong annual EPS growth, also has good Quarterly growth in recent results. Continuous growth in net profit with the increasing profit margin. It has a strong cash-generating ability from the core business, with improving cash flow from operation for the last 2 years.
Technical Analysis : Quess Corp is ready to give a breakout on the daily chart from its previous highs. Relative Strength Index is showing positive momentum in the stock. Oscillator like Average Directional Index (ADX) is showing strength.
Traders and Investors can enter only above 885 levels for the upside target of 970 and then to 1050 levels in the days to come.
Support and stop-loss 750 remain at levels on a closing basis.
17th Sep 2021
Target Update on Quess Corp
Quess Corp made a high of 989.90. Our first target achieved successfully. Hope you must have booked part profit in it. Revise stop loss at 850 and hold for further targets.
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