PURPLEWAVE Bullish Setup Improves

Research preview

India Stock Model PURPLEWAVE Trading Desk Read PURPLEWAVE (Purple Wave Infocom Ltd.) has moved from Buy to Strong Buy in the internal equity model. This is a strict participation trigger, but the trade quality depends on confirmation from price, volume, and the higher-timeframe chart rather than the label alone. PURPLEWAVE is trading near Rs.167.00 after a 9.65% session move. Reported volume is 17000 and market value is around Rs.148.49 Cr, so the signal should be read with liquidity discipline: stronger follow-through is more credible when buyers can hold the move after the first reaction, while a fast slip back into the prior balance would weaken the upside case. PURPLEWAVE has...