Hello everyone, I m creating this thread where users can help others by posting their views, recommendations, technical calls, fundamentals, etc pertaining to intraday & positional trades for index & stocks.
We need active participation so maximum users can be benefited & at the same time, the person giving recommendations will get to show & practice his ability & skills.
The stock has given a channel and Flag pole breakout after consolidation for almost a year and with good volumes closed at 82.5 on (2018-01-08) lifetime highest on closing basis. The MACD crossover on weekly charts is also indicator that this bullish trend will continue. OBV clearly shows that stock was accumulated over period of time and a bullish divergence on daily charts was also seen.
Apart from TA, It’s Debt free company.
Continuous increase in profit on YOY basis.
P/E (21) is lowest among peers whereas industry average is 30+.