NACHATUR

SREELEATHER, BREAKOUT

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
A small company, Kolkata based, manufacturer and seller of leather shoes and accessories, is given growth in profit of 28% during last 3 years.

It is available at PE multiple of 11.5. It has given a breakout from the trend after consolidating for about a month. Target is 159 and stop loss at 127.

RR is 1:4. CMP at 134.50.

This is for education purpose only. Do your own due diligence.

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