Stock name = Manorama Industries Limited.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - B
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Company is the world’s exclusive producer of Mango based Cocoa Butter Equivalent (CBE), Sal Based CBE, Shea-based CBE and Mango, Sal, Shea based Specialty fats and butter and is accredited with various certifications, recognized by GoI as a ‘Star Export House’ and is a member of FIEO, CII, SEDEX, APEDA, UNGC, SHEFEXIL, RSPO, IGBC, IOPEPC, SEA and others.
MANORAMA INDUSTRIES (1D)
CMP 1901.30
Price has retested breakout Zone
After Breakout price is consolidating in small Range
Symmetrical Triangle pattern is formed
Stock can show further upmove from here
Sector : Agriculture
Industry : solvent extraction
Small cap
Market cap : 2265.12 cr
PE Ratio : 65.55
Industry PE : 31.38
PEG Ratio : 2.67
EPS : 28.99
