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Aug 30, 2023 4:41 PM

15 years breakout  Long

BHARAT BIJLEENSE

Description

Bharat bijalee

Technical analysis
Weakly and monthly stock purely breakout 15 years resistance

Chart pattern show big move on this stock
15 years resistance 4050 today breakout with Valume.

15year resistance now it be support for the stock

We miss header and shoulder pattern breakout at level of 2280.
Now stock give once again 15 years resistance breakout to enter the stock

Good possibility of the stock may cross 5500 in short terms it can portfolio stock

Fundamentals analysis
PE ratio 25.4
Current ratio 1.72 >1 great
Quick ratio 1.2> great
PEG ratio 0.88 <1 great
Debt to equity ratio 0.21<1 super
Dividend is 1%(approx)

All kind good stock fundamentals and technically

Stock have advantages
1) gree energy mission
2) railway up gradation
3) air Port devlopment
4) railway electrification

NO RECOMMENDATION FOR BUY AND SELL
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