Shilpa Medicare has given a ATH breakout and is looking very strong for a good upmove of 50%+ returns. Other factors:
1. Stock has given a Double Bottom Pattern as well and which coincides with ATH breakout.
2. Even in recent stock market turmoil, the stock has sustained and looking very strong.
3. Fundamentally, it has rising top-line and bottom line from last 9 quarters.
4. Its last TTM is the best.
5. Lot of developments are happening - green field plant is on track, tie-up with Europe's No. 1 company.
6. Both RSI & MACD on monthly time frame are positive
Cleaneasycharts provides weekly stock recommendation which ticks both fundamental & technical parameters. We provide Right Stock at Right Time at Right Price !! Keep following @Cleaneasycharts.
Cheers!!!
1. Stock has given a Double Bottom Pattern as well and which coincides with ATH breakout.
2. Even in recent stock market turmoil, the stock has sustained and looking very strong.
3. Fundamentally, it has rising top-line and bottom line from last 9 quarters.
4. Its last TTM is the best.
5. Lot of developments are happening - green field plant is on track, tie-up with Europe's No. 1 company.
6. Both RSI & MACD on monthly time frame are positive
Cleaneasycharts provides weekly stock recommendation which ticks both fundamental & technical parameters. We provide Right Stock at Right Time at Right Price !! Keep following @Cleaneasycharts.
Cheers!!!
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.