Innovalues had a very impressive run after hitting the low of 76.5 cents on 12th Feb 2016 it had managed to stage a strong recovery to touch 1.08 on 21st April . This is super bullish.
1.08 is indeed the All time high price for this counter. Looks like it may continue to scale new height.
Both Macd & Rsi are still rising upwards which may provide further indication that the share price may continue to head higher.
Short term wise it may continue to trend higher towards 1.10 then 1.20 with extension to 1.25.
(Trade base on your own decision)
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