Bhatia Communication can go from 26 to 60 in 6 months
Positional analysis for time frame 3-6 month
CMP= 26.5 on 29 october 2024
Fundamentals company is showing 33% in sales growth since last 3 years and 45.5% profit in the same 3 years. Promotor has more than 70% so the company is fundamentally strong.
According to Elliott wave analysis the price is about to start its Subwave 3 of main wave 3 after making 61% correction for subwave 2 of main wave 3.
perfect buying range 23 to 27 rs
stop loss= 19
target = 60
CMP= 26.5 on 29 october 2024
Fundamentals company is showing 33% in sales growth since last 3 years and 45.5% profit in the same 3 years. Promotor has more than 70% so the company is fundamentally strong.
According to Elliott wave analysis the price is about to start its Subwave 3 of main wave 3 after making 61% correction for subwave 2 of main wave 3.
perfect buying range 23 to 27 rs
stop loss= 19
target = 60
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.