Long
AMI Organics - Pharma stock ready to explode
Let's evaluate the stock
AMI Organics is technically showing a pretty good Cup and Handle Pattern.
The fundamentals are also decent with ROCE at 16% and Sales Growth at 15% with little debt.
The stock has seen huge institutional accumulation in the last quarter with FIIs and DIIs increasing their stake by almost 11% in the stock. The Stock can BO to achieve short term targets T1 and T2, if the rally will sustain in the long run will be clear after Q2 results.
*Not an investment advice, for educational purposes only*
AMI Organics is technically showing a pretty good Cup and Handle Pattern.
The fundamentals are also decent with ROCE at 16% and Sales Growth at 15% with little debt.
The stock has seen huge institutional accumulation in the last quarter with FIIs and DIIs increasing their stake by almost 11% in the stock. The Stock can BO to achieve short term targets T1 and T2, if the rally will sustain in the long run will be clear after Q2 results.
*Not an investment advice, for educational purposes only*
Note
AMI Organics achieved short term Target 1 today. *Not an Investment advice, only for educational purposes*
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.