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Ayodhya Growth Story- Stock Pick

New Stock pick By SEBI registered Research Analyst- Shubham Rajendra Jain. Registration Number- INH000013554.

Stock is in uptrend since September2021 making higher highs-higher lows formation and also in weekly time frame it is rising in a channel New momentum buying can be expected when there is a channel breakout till then one can look to buy the dips near the lower range of this channel Important support is at 370 levels.

Can be a good share for SIP. On the fundamental side, company has earned huge profits in the year ended 2023 after two back to back losses(covid impacted years) and further numbers of quarter 1 and 2 of current year have looked good and is expected to give good quarter 3 results.

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