Fundamentals
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Growth in EPS
P/E 18.38 vs Sector P/E 45.5
Low DEBT D/E 0.05
ROCE 26.6%
ROE 21.6%
Sales growth (3Yr) 12.1%
Profit growth (3Yr) 31.13%
ZERO promoter pledge
Technical
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-> 9 Aug'23 ~ 24 Aug'23 - "Distribution" then, a BO candle formed and 5% correction took place.
-> After that till 30th Oct'2023 stock forms Lower High & Lower Lows (Down-Trend).
-> On 30 Oct'23 a Hammer is formed in down-trend which is the first sign on TREND REVERSAL.
-> Then, On 3 Nov'23 "Higher Low" is formed that confrims the "TREND REVERSAL".
-> On 10 Nov'23 again a Higher low formedand & it contines till last trading session i.e. 17th Nov.
RSI > 60 (D)
ST Moving Averages Cross-Over
Close above MT MA
Trend : Bullish
Pattern : Higher High / Higher Low
Volume : More volume is required to shoot the price up.
Mine Stop-Loss 5394 (DCB)
Mine TGT 5703 (1-2 days)
Short-Term TGT 5990 (by 1st week of Jan'2024)
------------
Growth in EPS
P/E 18.38 vs Sector P/E 45.5
Low DEBT D/E 0.05
ROCE 26.6%
ROE 21.6%
Sales growth (3Yr) 12.1%
Profit growth (3Yr) 31.13%
ZERO promoter pledge
Technical
---------
-> 9 Aug'23 ~ 24 Aug'23 - "Distribution" then, a BO candle formed and 5% correction took place.
-> After that till 30th Oct'2023 stock forms Lower High & Lower Lows (Down-Trend).
-> On 30 Oct'23 a Hammer is formed in down-trend which is the first sign on TREND REVERSAL.
-> Then, On 3 Nov'23 "Higher Low" is formed that confrims the "TREND REVERSAL".
-> On 10 Nov'23 again a Higher low formedand & it contines till last trading session i.e. 17th Nov.
RSI > 60 (D)
ST Moving Averages Cross-Over
Close above MT MA
Trend : Bullish
Pattern : Higher High / Higher Low
Volume : More volume is required to shoot the price up.
Mine Stop-Loss 5394 (DCB)
Mine TGT 5703 (1-2 days)
Short-Term TGT 5990 (by 1st week of Jan'2024)
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.
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.