Diamines & Chemicals has an operating revenue of Rs. 123.00 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 33% is great, ROE of 16% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles
Qty: less than 1% of total investment time horizon: 6 months debt free org
Need your advice if i am right. i don't understand how to predict when the stock will reach to its peak. i learnt to draw support resistance i think.
Diamine has gone below long term 1/3 line and will be recouped if tomorrow’s closing is above 182.40. In such a case 240 can be seen in intermediate term. In case it goes low, short term 1/1 support is at 152 and long term ½ supports is at 128