Underperforming since 2021. Trying to break out of the consolidation, several attempts were made and failed. Will it succeed this time??
✅Forming inverted Head and Shoulder pattern in DTF
✅Consolidating in a tight range right above 50 DMA.
✅Trading right below ATH.
✅Consolidating with narrow-range candles.
✅Bullish engulfing on 5 Nov.
❗️Underperformer.
❗️Risk of fakeouts.
▶️Market Cap---₹ 13,41,213 Cr.
▶️Current Price---₹ 1,755
▶️Stock P/E19.4
▶️ROCE7.67 %
▶️ROE17.1 %
Watch for a breakout above 1795 for an Entry. Low risk setup. Risk is in the range of 6-8%. Please study the chart and do your research. This is not a buy/sell recommendation.
✅Forming inverted Head and Shoulder pattern in DTF
✅Consolidating in a tight range right above 50 DMA.
✅Trading right below ATH.
✅Consolidating with narrow-range candles.
✅Bullish engulfing on 5 Nov.
❗️Underperformer.
❗️Risk of fakeouts.
▶️Market Cap---₹ 13,41,213 Cr.
▶️Current Price---₹ 1,755
▶️Stock P/E19.4
▶️ROCE7.67 %
▶️ROE17.1 %
Watch for a breakout above 1795 for an Entry. Low risk setup. Risk is in the range of 6-8%. Please study the chart and do your research. This is not a buy/sell recommendation.
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.