CMS INFO SYSTEMS TGT 480 (04-03-2024)
CMS Info Systems Ltd. is another good chart to view
TECHNICALS
1. Huge Volume surge in last week
2. Narrowing Bollinger Bands on Weekly chart
3. Price Trending in a Box on weekly chart for last many weeks
4. RSI on all time frames above 60
5. RS is positive.
6. Major supports 50 Week EMA/ 20 week SMA 357/382 Respectively
7. Box Breakout will bring 480 as first resistance.
FUNDAMENTALS :
1. Company has delivered good profit growth of 29.2% CAGR over last 5 years
2. Company has been maintaining a healthy dividend payout of 19.9%
3. high Growth in Quarter to quarter sales as compared to previous years
4. Return on Capital above 24 % during last 4 years and 28% in last 2 years
5. Book Value of Share 103 and is trading at almost 4 times to book
CAUTION : PROMOTER HOLDING IS JUST 26.7 % WHICH IS LOW.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
TECHNICALS
1. Huge Volume surge in last week
2. Narrowing Bollinger Bands on Weekly chart
3. Price Trending in a Box on weekly chart for last many weeks
4. RSI on all time frames above 60
5. RS is positive.
6. Major supports 50 Week EMA/ 20 week SMA 357/382 Respectively
7. Box Breakout will bring 480 as first resistance.
FUNDAMENTALS :
1. Company has delivered good profit growth of 29.2% CAGR over last 5 years
2. Company has been maintaining a healthy dividend payout of 19.9%
3. high Growth in Quarter to quarter sales as compared to previous years
4. Return on Capital above 24 % during last 4 years and 28% in last 2 years
5. Book Value of Share 103 and is trading at almost 4 times to book
CAUTION : PROMOTER HOLDING IS JUST 26.7 % WHICH IS LOW.
Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
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