Panama Petrochem Limited
Long

PanamaPet - Fundamentally Strong, Discounted, FII Buying

216
Weekend Pick 3: PanamaPet

Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Healthy Reserves vs debt free. FII - DII stake significantly increased.

Technicals : Bullish, moving in an inclined wedge.

R 1: 375
R 2: 420
R 3: 475, above that 550 possible

S : 290

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