rdkriplani

UGRO Capital - NBFC Tailwinds

Long
NSE:UGROCAP   UGRO CAPITAL LTD
One of the NBFC's which has guided for the highest growth rates
Long above 255 with a SL 5% below cost..
A cross of the 200EMA could lead to a powerful move.

For now there is no other technical breakout but a break above 275 could lead to a trendline breakout above which momentum could slowly start kicking in.

Most NBFC's had a great week last week..so a follow thru could signify sector tailwinds.

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