Cant Miss this Breakout !!!
Look Closely Counter is breaking multiyear High of Nov 2007 and Oct2017. Forming a Double Bottom as well in this Process.
The Oil & Gas Index has also given a monthly Demand Zone Pull and the Index itself is moving +500 Points. This is supporting my logic
Should go a Long way if the breakout above 445 sustains.
Take entry at CMP 441-445
T1 - 478 shorterm
T2 - 557 midterm
T3 - 700 Long Term
SL - 424
Fundamentals for Value Investors
Look Closely Counter is breaking multiyear High of Nov 2007 and Oct2017. Forming a Double Bottom as well in this Process.
The Oil & Gas Index has also given a monthly Demand Zone Pull and the Index itself is moving +500 Points. This is supporting my logic
Should go a Long way if the breakout above 445 sustains.
Take entry at CMP 441-445
T1 - 478 shorterm
T2 - 557 midterm
T3 - 700 Long Term
SL - 424
Fundamentals for Value Investors
- Strong Annual EPS Growth
- High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
- Effectively using its capital to generate profit - RoCE improving in last 2 years
- High growth and High Return on Equity (ROE) with Low PE ratio
- Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
- Strong Momentum: Price above short, medium and long term moving averages
- Annual Net Profits improving for last 2 years
- FII / FPI or Institutions increasing their shareholding
Dagangan ditutup: hentian tercapai
SL Hit however there is a dividend declared for Rs27/-Nota
Meeting Target one today 478Nota
Met Target 557. Seen 606 on chartsDagangan ditutup: sasaran tercapai
Target Hit of 700 from 440 LevelsPenafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.