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.