GREENPANEL - A strong candidate in infra sector
Greenpanel Industries (
GREENPANEL) - Analysis done at 521, CMP 515.
Views (technical, fundamental)
• Very strong volume in Jan with 2MM (weekly average)
• LW avg volume > 1.5 times last month avg volume
• Daily RSI at 66 (CMP 515). Upward move can be sustained till 76-78
• Very strong support at 50 EMA
• Strong quarterly profit and sales growth
• Stable promoter share of 53%
• FIIs and MFs may increase stake further in Mar'22 quarter
• Strong real estate action with loan growth has been seen since Q2'21 especially with new home buyers. Movable and immovable furniture demand is robust and expected to remain strong
• Some down-move can come once RSI reaches close to 80, but shouldn't deter MT/LT investor
GREENPANEL) - Analysis done at 521, CMP 515.Views (technical, fundamental)
• Very strong volume in Jan with 2MM (weekly average)
• LW avg volume > 1.5 times last month avg volume
• Daily RSI at 66 (CMP 515). Upward move can be sustained till 76-78
• Very strong support at 50 EMA
• Strong quarterly profit and sales growth
• Stable promoter share of 53%
• FIIs and MFs may increase stake further in Mar'22 quarter
• Strong real estate action with loan growth has been seen since Q2'21 especially with new home buyers. Movable and immovable furniture demand is robust and expected to remain strong
• Some down-move can come once RSI reaches close to 80, but shouldn't deter MT/LT investor
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.
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.