stockprotraining

E2E (E2E Networks Ltd)

Long
NSE:E2E   E2E NETWORKS LTD
Observe Swing Investment Research

E2E (E2E Networks Ltd) looks good above 211
Sl 170
Target 225-250-265 and above 265 targets of 300 can be expected

Holding Period Few Months

Pros~
Consolidation for a long period of time, today price has broken the range with good volumes.
Price Action is looking good.
Stock is looking ready for a weekly breakout
Company is able to generate cash from operating activity
ROCE has turned from negative to positive massively in past 2 years
Sales has doubled in a span of 6 years
Operating profit margin is growing while expenses are almost stagnant

Cons~
Though the company is reporting repeated profits, it is not paying out dividend

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