Ques Corp shares jumped 11%, if you invest money now you can get big returns

Mumbai: The domestic stock market opened with a boom on Tuesday and heavy buying is seen in all mid and small cap stocks. Stock-specific action is visible on Dalal Street and some companies are seeing heavy buying at lower levels. Quess Corp stock is one of the trending stocks. It shows a gain of more than 11% in the first trades. With that, it recorded a strong break in the price action and broke through the short-term resistance level of Rs.625. Not only that, its volume increased significantly and it surpassed the 50-day average volume. The stock is trading above all moving averages and shows a positive price structure.

At the same time, the technical parameters also indicate a rise in this stock. Its RSI (68.22) is in the bullish territory and shows strong strength. Its ADX (27.90) is continuously rising and showing a strong trend. Its OBV is up and shows strong buying interest in the stock. Overall, this stock has become technically strong and it is likely to rise in the coming days.

Momentum traders can add it to their watchlist and track its progress. Quess Corp Limited provides business services in four segments. These include the Global Technology Solutions group, the Industrial Asset Management group, Integrated Facilities Management and People & Services.

This article is published by Dalal Street Investment Journal, India’s No.1 investment magazine. Click here for regular updates on winning stocks and recommendations.

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