Micro Technicals

Aptech

Current price: Rs 100

Target price: Rs 160

The stock has completed an extremely bullish formation on high volumes. A genuine positive re-rating of the company's prospects seems to be the result of the listing clearance. This is a variation of an inverted head and shoulder formation. It should be reliable because of high volumes and runaway gaps in the recent rises. However, a collapse could push prices back to around Rs 75