Panjang
Multi Year Breakout - Retesting Done
Orient Refractories is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material.
The Stock has broken out of a multi year resistance with great volume. Company's sales are also growing consistently. Return on Equity is 20% which is exceptional. For December quarter, Increase(%) in QoQ EPS was 22% which is also a good sign. Qaurter March result is also Expected to be goog.
Keep Accumulating the stock. Better to add 50% now and rest at lower levels for a target of 360-400 respectively.
Do share your feedback & queries. Also let me know if u need an analysis on any stock.
The Stock has broken out of a multi year resistance with great volume. Company's sales are also growing consistently. Return on Equity is 20% which is exceptional. For December quarter, Increase(%) in QoQ EPS was 22% which is also a good sign. Qaurter March result is also Expected to be goog.
Keep Accumulating the stock. Better to add 50% now and rest at lower levels for a target of 360-400 respectively.
Do share your feedback & queries. Also let me know if u need an analysis on any stock.
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.