Subex Systems :
The stock has made an interesting turnaround on weekly charts.
The stock should do 80 in medium term. Accumulate on every dip stoploss below 56.
Disclosure: Recommended at 57-59 to clients.
There is a huge difference in valuations for this company compared to its peers if one does a one to one comparison. Expect a re-rating of the stock in next 6mths to 1 yr.
Technically one should buy in the range of 28-25 slowly or on closing above 31.5
Target would be 40 in long term.
Disclosure: Recommended at 27-27.5 booked part at 29-29.5 and holding rest to add on dips.
TECHNICAL ANALYSIS TRAINING SESSION BANGALORE – OCT 16-17 ( 3 seats left)
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