Price bounced at key support zone highlighted in green and RSI is showing strong bullish divergence on both daily & weekly TF.
A greater degree wave 3 has started.
Good to buy at CMP for the following targets:
Short term swing target @ 670 (40% ROI)
Medium term positional target @ 940 (96% ROI)
Long term positional target @ 1075 (125% ROI)
Fundamentally, it is highly undervalued with strong sales growth and great financing margin.
Net profit has increased 7 times in last 4 years.
In the last 5 quarters, institutions have increased their shareholdings by 63% from 18.09% to 29.55%.
Do your own due diligence before taking any action.
Peace!!
A greater degree wave 3 has started.
Good to buy at CMP for the following targets:
Short term swing target @ 670 (40% ROI)
Medium term positional target @ 940 (96% ROI)
Long term positional target @ 1075 (125% ROI)
Fundamentally, it is highly undervalued with strong sales growth and great financing margin.
Net profit has increased 7 times in last 4 years.
In the last 5 quarters, institutions have increased their shareholdings by 63% from 18.09% to 29.55%.
Do your own due diligence before taking any action.
Peace!!
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.