Bullish On Make In India Theme

C.E. INFO SYSTEMS (MAP MY INDIA) CMP : ₹1789 1-2 Y Pick TECHNICALS : 👉 Stock has retraced 45% from all time high 👉 Stock is taking support from 0.618 fib level 👉 ₹1600 is now acting as a strong base with stock hovering around it from last 10 months 👉 Pullback is expected FUNDAMENTALS : 👉 Make in India taking a momentum with news of IRCTC in talks for navigation app made by it. 👉 Debt free company 👉 Net sales increasing year-on-year 👉 Net profit increasing year-on-year 👉 Mahindra, Maruti, MG, Honda using it's interface