CUPID LTD
Long
Updated

CUPID LTD. SPOT POSITIONAL VIEW

405
CUPID LTD (SPOT) Made double bottom pattern. If it break neckline it may rally for level -299/325/349.
view negated below - 239 (Day Closing Basis).

Fundamentals-
1. Repeated consumption business
2. Expecting good quarter
3. Maintaining healthy dividend payout of 26.48%
4. Profit growth and ROE is also very attractive.
Trade closed: target reached
Made High - 296++

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