Alış
Glenmark - Margin of safety
One of those co's giving sequentially good results but stock market not rewarding its holders..
The stock now has 2 triggers
1) Business is doing good.. (Healthy margins + growth in business)
2) Capex expansions coming over the next 2 years every year which will improve numbers further.
There is also rumour of a majority sale which would surely happen at higher valuations.
Technically the stock has nicely consolidated at a bottom and could now break upwards soon.
Long at current price with a double up if the stock falls to 430 levels and bounces from there.
SL below 420.
The stock now has 2 triggers
1) Business is doing good.. (Healthy margins + growth in business)
2) Capex expansions coming over the next 2 years every year which will improve numbers further.
There is also rumour of a majority sale which would surely happen at higher valuations.
Technically the stock has nicely consolidated at a bottom and could now break upwards soon.
Long at current price with a double up if the stock falls to 430 levels and bounces from there.
SL below 420.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.