WHIRLPOOL OF INDIA LTD
Long

Stock of the Week: Whirlpool of India with Consistent Dividends

243

Fundamental Analysis:
WHIRLPOOL Whirlpool of India has shown consistent financial strength, making it a top pick for this week. The company has maintained higher dividends for the past seven years, highlighting its commitment to returning value to shareholders. As a prominent player in the household consumables sector, Whirlpool benefits from strong market positioning. Additionally, its liquid assets exceed any obligations, ensuring financial stability and flexibility.

Technical Analysis:
From a technical perspective, WHIRLPOOL Whirlpool of India is exhibiting a bullish double bottom pattern, which is a strong indicator of potential upward movement. The stock is currently in a buying zone, following a significant two-year breakout on the back of HINDUNILVR HUL news. This breakout is supported by higher relative strength compared to the broader market and a good volume range, indicating robust investor interest.

Trade Setup:

• Entry: Buy in the buying zone indicated in the chart
• Stop Loss: 1630.15
• Potential Upside: 2553 (35-40%)

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.