CENTRALBK Looking RSI Bearish Divergence
In weekly chart, RSI making bearish divergence.
RSI also Above 70 level in Weekly Candle and making Bearish Divergence.
As per my View on Future Price may come at Rs.45
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 1.21% over past five years.
Company has a low return on equity of 2.23% over last 3 years.
Contingent liabilities of Rs.1,43,504 Cr.
Company might be capitalizing the interest cost.
RSI also Above 70 level in Weekly Candle and making Bearish Divergence.
As per my View on Future Price may come at Rs.45
Though the company is reporting repeated profits, it is not paying out dividend
Company has low interest coverage ratio.
The company has delivered a poor sales growth of 1.21% over past five years.
Company has a low return on equity of 2.23% over last 3 years.
Contingent liabilities of Rs.1,43,504 Cr.
Company might be capitalizing the interest cost.
Thanks and Regards
Team Easy2Invest.
Team Easy2Invest.
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