CMP 621
Long suggested ONLY ABOVE 650.
Stop 590
Target Open
Technical logic:
1) Stock has been in a strong uptrend with stock above key MAs.
2) Stock has been consolidating from 52 week highs and during consolidation process has dropped 28% in the first swing, 22% in the second swing and 11% in the third swing indicating a VCP in progress along with volume contraction.
Fundamental logic:
1) Key profitability parameters witnessed steady annual growth in the last 4 quarters.
Sales / Operating Profit / Net Profit (Quarterly Y-o-Y growth).
Sep-17 Dec-17 Mar-18 Jun-18
26.21% 48.16% 43.23% 50.37%
7.94% 40.95% 48.21% 56.00%
39.91% 99.61% 68.02% 101.31%
2) Promoter holding 65%.
Note:
Debt/Equity 1.4, Mkt cap 850 cr; FF 250 cr.
Long suggested ONLY ABOVE 650.
Stop 590
Target Open
Technical logic:
1) Stock has been in a strong uptrend with stock above key MAs.
2) Stock has been consolidating from 52 week highs and during consolidation process has dropped 28% in the first swing, 22% in the second swing and 11% in the third swing indicating a VCP in progress along with volume contraction.
Fundamental logic:
1) Key profitability parameters witnessed steady annual growth in the last 4 quarters.
Sales / Operating Profit / Net Profit (Quarterly Y-o-Y growth).
Sep-17 Dec-17 Mar-18 Jun-18
26.21% 48.16% 43.23% 50.37%
7.94% 40.95% 48.21% 56.00%
39.91% 99.61% 68.02% 101.31%
2) Promoter holding 65%.
Note:
Debt/Equity 1.4, Mkt cap 850 cr; FF 250 cr.
Trading is my passion.
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.
Trading is my passion.
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.