New Delhi, May 21 -- Shares of Infibeam Avenues Ltd, a small-cap digital payments and e-commerce infrastructure company, may be poised for a sharp rally, according to domestic brokerage Anand Rathi. The brokerage has issued a bullish call on the stock, suggesting it could gain more than 20 percent in the next one month, backed by a strong technical setup and improving momentum indicators.

Anand Rathi observed that Infibeam has recently broken out above a falling trendline on the daily chart-an important technical development that suggests a shift in trend after a prolonged period of underperformance. The current chart structure also shows the emergence of an Inverse Head and Shoulder formation, a widely followed reversal pattern in techn...