mehulsan77

Ponni Sugars Investment longterm

Long
BSE:PONNIERODE   PONNI SUGARS (ERODE) LTD.
Price broke above very important level and few candles sustained above resistance
Now currently price is retesting the broken level
On small time frames many small candles formed at retest level indicating price in not falling

I have no stoploss for this

Book value > CMP
Div 1.27%
Zero debt
Low PE
Sales increasing
EPS increasing

Entry 381.74
No stoploss
Target Minimum 3X

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