After a breakout from the ascending triangle , there was a weak breakout which wasn't powerful enough to take on the next resistance. A retest of the previous resistance happened which is now a support. Now we see some accumulation going on near the resistance - always a good sign.
A breakout from the current resistance( 950) is expected but the stock will enter the high supply zone of 950-970. Smart traders will make use of this opportunity as well but for investors, it is advisable to enter only above 971.
A breakout from the current resistance( 950) is expected but the stock will enter the high supply zone of 950-970. Smart traders will make use of this opportunity as well but for investors, it is advisable to enter only above 971.
노트
Fundamentally strong:-Virtually debt free
ROE for 3 years - 56.8%
Dividend payout - 66.7%
Stock PE of 12.9% vs Industry PE of 14%
Promoter Holding 75%
노트
Moving just as expected. Keep holding for the rally노트
Consolidation at this support is healthy for a fresh up move soon.노트
Beautiful rally since the BO. Consolidates and flies.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.