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.
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.
Trading is my passion.
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.