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Prasenjit Sarkar

23rd Feb 2025 · SEBI-Registered Analyst

Have a look at this stock " RELIGARE ENTERPRISES LTD "

' REL ' is a small cap stock engaged in diversified financial services. Although it didn't produce good Q3 result, but it's in the news due to change in hands of stake. The stock seems bullish technically, but we eye bullish fundamentals and consistency in profits yet. We can consider small bullish positions up to Rs. 300 level from CMP and exit if price drops below Rs. 230, which might be achievable within 3 months.

#WatchOutFor#TechnicalViews#FundamentalViews#TrendingSectors#EquityResearch
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