FIEM : Descending triangle breakout (reversal)
Scrip might reach the desired TPs after breakout from descending triangle however, would prefer to book profits at resistance levels after entry range confirmation of bullish momentum
Fundamentals Pros :
Healthy dividend paying company with not so much risk involved as per book value
Stock P/E: 26.56
Price to book value: 2.82
Price to Sales: 1.15
Interest Coverage: ₹ 2.88
Call = 5-7 months
Fundamentals Pros :
Healthy dividend paying company with not so much risk involved as per book value
Stock P/E: 26.56
Price to book value: 2.82
Price to Sales: 1.15
Interest Coverage: ₹ 2.88
Call = 5-7 months
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