CMP 252
Long suggested at CMP (245 above)
Stop 229
Target - Open
Logic:
Technicals :
Stock has been steadily in uptrend as evident from MAs and RS / RSI
Stock has made a series of correction to the extent of 25% / 22% and 17%, leading to contraction in pull backs.
Stock has made a breakout post the pullback series with volume around 3x of pullback vols.(Note: volume masked in
#VCP 29W 25/17 3T pattern
Fundamentals :
Last 4 quarters EPS growth YoY : 113%,108%,110%,508%
Last 4 quarters Sales growth YoY: 15%, 22%, 32%, 40%
D/E : 0.3
(Note : Promoter holding is only 37% )
Long suggested at CMP (245 above)
Stop 229
Target - Open
Logic:
Technicals :
Stock has been steadily in uptrend as evident from MAs and RS / RSI
Stock has made a series of correction to the extent of 25% / 22% and 17%, leading to contraction in pull backs.
Stock has made a breakout post the pullback series with volume around 3x of pullback vols.(Note: volume masked in
#VCP 29W 25/17 3T pattern
Fundamentals :
Last 4 quarters EPS growth YoY : 113%,108%,110%,508%
Last 4 quarters Sales growth YoY: 15%, 22%, 32%, 40%
D/E : 0.3
(Note : Promoter holding is only 37% )
Trading is my passion.
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.
Trading is my passion.
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.