Ease my trip is showing bullish momentum on the charts my first target is 54 and then long term target of 74 levels on the daily time frame now what are the reasons for the targets firstly stock has given a break out from the sideways zone of consolidation last week secondly as marked on the chart - the stock is resting the zone of demand at 46 / 44 levels on the daily time frame which i have marked on the chart thirdly, the stock is also shown a good fundamentals improvement where the profit after tax has improved from 253 to 474. an aggressive profits strategy by the Management Low Debt company cash flow is expected to increase in the coming qtrs. recent tie ups - done and more in the pipeline points of concern - 72 Cr of outstanding dues towards GO AIR - will these come back or get written off - Promoters holding has dropped by 1.24 % from the previous holding levels - FII & DII holdings have also dropped - on the contrary the public holdings have gone up.
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