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Rakesh Madhav CFA

18th Oct · SEBI-Registered Analyst

STALLION – Parabolic Rally with Overheated Momentum ⚡

STALLION
Technical View: Stock surged over 300% in the past months, currently near ₹393 after hitting upper circuits consistently. Trading well above its 21-EMA (~₹299), signaling strong trend continuation. RSI ~77 — deep in overbought zone, hinting at short-term exhaustion. Price volume structure suggests a vertical rally; consolidation or minor pullback toward ₹340–₹360 could offer re-entry. Fundamental View: Low-float, small-cap player with limited institutional exposure. Recent surge driven more by speculative sentiment than earnings expansion. Investors must wait for results to justify current valuations. 🎯 Target: ₹420–₹450 (short-term) 🛑 Stop-Loss: ₹355 ⚠️ Bias: Cautiously bullish – avoid chasing; wait for dips.

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