indiamarketoutlook

On request: Aptech: In consolidation phase

NSE:APTECHT   APTECH LTD
Aptech
CMP 214.50

Observations

The stock has had a fantastic ride in the last 1 year moving from 56 odd levels to 250

228-240 zone is looking likely to act as potentially strong resistance zone going forward

Expecting the stock to consolidate in the range of 228 to 192 with possibility of some downward bias breaking on the down side testing 166-160 levels in times to come where risk::reward ratio will look attractive.


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