Indo Count Industries is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc..
The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock.
The Company has posted excellent results in Q2 & Q3 of FY 21. Sales increased by 23% and 24% respectively QoQ. At the same time EPS increased dramatically by 655% & 362% QoQ. Foreign Portfolio Investors (FPI) have continuously increased their stake from 7.27% in June to 9.82% in December. This shows growing confidence of FPI in the stock.
Accumulate for a target of 170-200 with an SL at 121.
Feel free to share your feedback and queries.
The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock.
The Company has posted excellent results in Q2 & Q3 of FY 21. Sales increased by 23% and 24% respectively QoQ. At the same time EPS increased dramatically by 655% & 362% QoQ. Foreign Portfolio Investors (FPI) have continuously increased their stake from 7.27% in June to 9.82% in December. This shows growing confidence of FPI in the stock.
Accumulate for a target of 170-200 with an SL at 121.
Feel free to share your feedback and queries.
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.