GMR Airport a Hidden Gem Looking to Breakout.
Looking to Go Long from here with a Target of 35-40% on upside
Fueled with the US Iran Agreement to stop the war. Traffic should increase from here on.
Fundamentals
RoCE & ROA improving in last 2 years
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Increasing profits every quarter for the past 4 quarters
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Technically
Stock after many months of consolidation is approaching a Month supply Zone of Nov2007-Feb2008.
Breaking out the ATH of Dec 2007 of 119.
Breaking out of Monthly Cup & Handle
Hold for Few Months for a Target 1 of 141. Target 2 can be about 179 within a year.
Evaluate what to be done when reaches there
Note this is not a buying recommendation its shared based on pattern some good look out of what the candles are trying to tell us. Please do your own research before buying.
Looking to Go Long from here with a Target of 35-40% on upside
Fueled with the US Iran Agreement to stop the war. Traffic should increase from here on.
Fundamentals
RoCE & ROA improving in last 2 years
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Increasing profits every quarter for the past 4 quarters
Company able to generate Net Cash - Improving Net Cash Flow for last 2 years
Book Value per share Improving for last 2 years
Technically
Stock after many months of consolidation is approaching a Month supply Zone of Nov2007-Feb2008.
Breaking out the ATH of Dec 2007 of 119.
Breaking out of Monthly Cup & Handle
Hold for Few Months for a Target 1 of 141. Target 2 can be about 179 within a year.
Evaluate what to be done when reaches there
Note this is not a buying recommendation its shared based on pattern some good look out of what the candles are trying to tell us. Please do your own research before buying.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.