TechieindusTrader

PANACEA BIOTECH Bearish or Bullish ??

Panjang
NSE:PANACEABIO   PANACEA BIOTEC LTD
1. With sharp fall in the script price , it has well corrected to its low , and is at confluence of Moving averages and ll time Volumteric base at current levels
2. SII has increased stake in Jul 21 , results coming up in Feb , Good stock to keep for 2-3 months target .
3. Effectively using its capital to generate profit - RoCE improving in last 2 years
4.Growth in Net Profit with increasing Profit Margin (QoQ)
5.1 Day: Delivery volume increased by 375.41% over 5 day average , Watchout for volume increase and buy above 200 levels stop loss below 165 target 380+ good risk reward bet


------------------------------------
Note : i am not Sebi registered do your analysis before investing
-------------------------------------


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.