REASON TO GO LONG:
Technically: This stock given a STRONG Trendline Breakout with STRONG Volume, Where the Trendline acts as a Resistance and rejected their many times, This stock consolidating since 3 months in a range and formed Head and Shoulder which gives more confirmation.
Fundamentally: This Company Maintaining Decent Dividend and Compared to previous quarter, Recent Quarter Sales & Operating Profit, Net Profit improved
And this stock have 52.11% Promoters Holding
Good To Buy above 177 and The Target is 192, 202+, Stoploss Should be at 165.
#Good For Short Term Also
Note: Just My View...Not a tip or advice
#Thanks For Checking My Idea, I Hope it sparked some value for you
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Technically: This stock given a STRONG Trendline Breakout with STRONG Volume, Where the Trendline acts as a Resistance and rejected their many times, This stock consolidating since 3 months in a range and formed Head and Shoulder which gives more confirmation.
Fundamentally: This Company Maintaining Decent Dividend and Compared to previous quarter, Recent Quarter Sales & Operating Profit, Net Profit improved
And this stock have 52.11% Promoters Holding
Good To Buy above 177 and The Target is 192, 202+, Stoploss Should be at 165.
#Good For Short Term Also
Note: Just My View...Not a tip or advice
#Thanks For Checking My Idea, I Hope it sparked some value for you
🙏Follow for more insights
✅Boost if you found it helpful
📝Drop a comment with your thoughts below..!
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.
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.