chARTronics1

FINPIPE Breakout on various indicators

Long
NSE:FINPIPE   FINOLEX INDUSTRIES
Finpipe had recently cleared its Oct 2021 range and with close on 22 Mar 2024, has registered a strong weekly candle breaking out of a symmetrical triangle at breakout levels.

The stock can potentially give 25-40% returns in the coming few months.

The stock has a PE of 32.33 which is below the segment PE of 46

chart looks poised for a sustained breakout

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