Fundamentals:
* ROCE - 22.9%, ROE - 18.1%. Debt to Equity - 0
* EPS / Revenue - has been steadily increasing.
* Holding pattern - FIIs increased holding this quarter / Promoter holding steady / No stocks lien / DIIs reduced / MFs reduced / Retail increased
* Price forecasted to go up by 18%
* Metal sector is showing some signs of strength and this stock might capitalize on that.
Technicals:
* Early indication of a rounding cup formation on weekly chart
* Wide range green candles and price is surfing the 10 DMA / 20 DMA
* Moving averages are aligning while price has gone above the 200 DMA
* ADR is 4.5%, price action is tight and volumes are low - This indicates a possible thrust soon.
* Low risk entry is possible with a tight stop loss.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
* ROCE - 22.9%, ROE - 18.1%. Debt to Equity - 0
* EPS / Revenue - has been steadily increasing.
* Holding pattern - FIIs increased holding this quarter / Promoter holding steady / No stocks lien / DIIs reduced / MFs reduced / Retail increased
* Price forecasted to go up by 18%
* Metal sector is showing some signs of strength and this stock might capitalize on that.
Technicals:
* Early indication of a rounding cup formation on weekly chart
* Wide range green candles and price is surfing the 10 DMA / 20 DMA
* Moving averages are aligning while price has gone above the 200 DMA
* ADR is 4.5%, price action is tight and volumes are low - This indicates a possible thrust soon.
* Low risk entry is possible with a tight stop loss.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite
Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.
İşlem aktif
Flag formation in progress, tight action, low pull back volumes, get ready to enter with tight SL. 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.