scorpiomanoj

KILITCH - C & H pattern

Long
NSE:KILITCH   KILITCH DRUGS(INDI
KILITCH
CMP 157
Spotted slightly late / Buying suggested on retracements 145-155
Stop 125
Target - Open

Logic :

Techncials:
C&H sort of pattern observed with Volume replicating the price pattern;
Breakout happened with huge volumes (@ 138).

Fundamentals:
Exponential growth in fundamental parameters for the past 4 quarters (YoY).

Qn-4 Qn-3 Qn-2 Qn-1
Sales 155.6% 79.8% 87.4% 313.8%
OP -200.0% 174.7% 190.4% 2407.1%
NP -362.4% 160.9% 395.7% 3575.0%
OPM 7.56% 16.63% 15.35% 11.55%
NPM 14.92% 13.79% 14.52% 14.91%


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