It is perfect buy as per Dr Elder's Impulse system. On the weekly chart MACD is below zero line & is rising. The Impulse on weekly as well as daily is green.On the daily chart + DI had crossed - DI, ADX is rising. Bull Power had become positive. Volumes are rising. On the fundamental fronts Revenues ha risen to 216 from 162 on YOY basis, operating profits had risen to 96 cr. From 67 Cr. Margins risen to 45 % from 40%. . The stock had corrected & presently near value area of weekly chart. Due to above said reasons it is screaming buy.
On the fundamental fronts Revenues ha risen to 216 from 162 on YOY basis, operating profits had risen to 96 cr. From 67 Cr. Margins risen to 45 % from 40%. . The stock had corrected & presently near value area of weekly chart.
Due to above said reasons it is screaming buy.