NIIT can couple with techno fundamental advantages
Technical analysis Text book rules are there
- Stock price higher trend making higher highs and higher lows
- Short term moving Averages crossing above longer moving Averages from below
- Current price more than 50 days moving average
- Current price within 25% range of 52 weeks high price
Fundamental triggers :
Growing Employees
Demerger on the cards
some lights on demerging entities
**Company is having Good pool of reserves **
Company has reduced its borrowing
Management has successfully demerged in past and the demerged company is on growth trajectory
@Mehnazfatima could you please add more on promoters history and your technical inputs in charts
@tushar24 has wrote a good note if one interested can visit NIIT Ltd - #41 by tushar24
@hitesh2710 sir could you please guide i havn’t participated in any demerging situation how to evaluate this
regards