Bodal Chemicals will colour you blue all the way
In Dye & Pigments segment, scrip is doing well fundamentally. Reduced debt, higher turnover, good margins, reasonable book value, back in dividends, liquid volumes, it promises to go above 165 in few months timeframe.
Technically, it seems corrected, given a price and volume breakout on 06-03-2017, poised above MAs, enticing to enter and hold with patience.
Keep a stoploss of Rs 120 present price being Rs 133.
Technically, it seems corrected, given a price and volume breakout on 06-03-2017, poised above MAs, enticing to enter and hold with patience.
Keep a stoploss of Rs 120 present price being Rs 133.
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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.