MARUTI INVESTMENT PICK TRADING ABOVE 200 SMA AND EMA
Looking at Maruti Suzuki India Ltd chart for 8-9 month time horizon we have found it bullish from lower level. Its taking strong support of 200 SMA & EMA. Buying can be initiate in the rang of 6700-6720
INVESTMENT RATIONALE:
TECHNICAL ANALYSIS
1) RSI showing buying single
2) Trading above 200 SMA & EMA
3) Trading with good volume
FUNDAMENTAL ANALYSIS
1) Company has reduced debt
2) Company is virtually debt free.
3)Company has good consistent profit growth of 24.90% over 5 years
4)Company has been maintaining a healthy dividend payout of 27.27%
Open to discus:
If you have any views please share
HAPPY INVESTING
INVESTMENT RATIONALE:
TECHNICAL ANALYSIS
1) RSI showing buying single
2) Trading above 200 SMA & EMA
3) Trading with good volume
FUNDAMENTAL ANALYSIS
1) Company has reduced debt
2) Company is virtually debt free.
3)Company has good consistent profit growth of 24.90% over 5 years
4)Company has been maintaining a healthy dividend payout of 27.27%
Open to discus:
If you have any views please share
HAPPY INVESTING
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.