Although not steep but a steady increase in Revenues and a good improvement on the Operational and Net profit over the last 5 years, Cosmo films stood as a strong contender in the metallized film market. Thats the overview fundamentally. Now Technically, the volumes and delivery percentage have been healthy ever since its fall in March. Momentum high and with almost no debt on its balance sheet and with great management combined with the demand for its products, the stock price may see some steep rise. MACD positive and ADX trending, Stochastic% Bullish.
With SMAs for 200, 100, 50, 20 and 5 days in ascending order, Cosmo is looking like cheetah on the run to make the kill.
May go up another 30% in two months.
Note: views are for educational purposes only.
With SMAs for 200, 100, 50, 20 and 5 days in ascending order, Cosmo is looking like cheetah on the run to make the kill.
May go up another 30% in two months.
Note: views are for educational purposes only.
Trade active:
Preresult and Post results the stock seen a fall in price. But good stocks always bounce back. Cosmo is one as per my view. A bad day, fall of 500 points after a weeks good rally, yet COSMOS made gains. I call this strength!! From 270s to 300 closing today. Good run.
Views expressed are personal and are for educational purposes only.
Views expressed are personal and are for educational purposes only.
Trade active:
New consequetive 52wk highs. Today, 393.75. 30% up from my bought price.