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#RAJESHEXPO worth watching in next few weeks.

Few points to consider:

1. Overall nifty direction must be taken in consideration

2. RAJESHEXPO has come out of a falling channel.

3. It is not a breakout yet, however, it is making a base and may move up in coming weeks.

4. Trading volume is high

5. ELest, a firm promoted by co-founders of Rajesh Exports, entered into an MoU with Telangana government to set up AMOLED Display FAB for manufacturing AMOLED Display units with an investment of Rs 24,000 crore.

6. The company is debt free.

Alert - Overall market is in downtrend. Even best of the stocks will need a good momentum to rise again the tide.