Gulf Oil Lubricants

Stock at CMP 696.50
PE is 12.8 vs industry PE of 32.6
Intrinsic value is 1389.
It seem to be undervalued

Technically chart has made a cup & handle pattern and given a breakout on weekly chart. Recently the Volume is very High.

This is for Educational purpose.

Transaction en cours:

CMP is 663. It look like it might retest its neck line of 620.If it touches then it will be a good opportunity to accumulate it.

Then it can head for 1st target of 748.

Transaction en cours:

cmp: 711

Yesterday its move more than 7% taking the stock above 700.

first target 744 then 823.

this is for educational purpose

Transaction en cours:

Stock Managed to touch first target of 748. once this resistance is broken it should head for next target of 830.

This is for Educational purpose. Not a Buy/sell recommendation.

Transaction en cours:

It is trading at 716.8. Now is is facing resistance zone of 730 to 750.let wait for it break the resistance.

This is for Educational purpose. Not a Buy/sell recommendation.

Transaction en cours:

Today it is closed at 894. Achieving its both target of 748 & 830.

Next 910 to 950 is resistance zone. Then 4 digit target.

This is for Educational purpose. Not a Buy/sell recommendation.

Transaction en cours:

Now trading at 989. It has crossed both its target. Now heading for ATH of 1100.

Following the upward channel.

This is for Educational purpose. Not a Buy/sell recommendation.

Commentaire:

Stock has moved from 692 to 1012 more than 45% move.

Now it is testing it ATH . After crossing it stock can go more higher.