Happy_Candles_Investment

Paradeep Phosphate if you missed it earlier it is not too late.

Long
NSE:PARADEEP   PARADEEP PHOSPHATES LTD
Paradeep Phosphates Ltd. CMP – 66.10
Market Capitalization Rs 5,385.4Cr

Red Flags:🟥
High Valuation (P.E. = 33.7)
Declining annual net profit
Declining cash from operations annual
Promoter Holding decreasing

Green Flags:🟩
Low debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake

Previous Happy Candles Number – 35/100
New Happy Candles Number – 50/100

Fresh Entry/ averaging / compounding after closing above 67
Targets: 69 and 71
Long term target: 73 and 75
Stop loss: Closing below 58

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.

Happy Candles Investment
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