Marketik

Potential breakout above 340 level from current levels

Long
NSE:DLINKINDIA   D-LINK (INDIA)LTD
-gave 1-2-3 BO around 50-DMA on strong Vol but held the gun as the broader market seemed a bit weak today. There are good chances that it would create a Hidden Pivot or a follow-up Shaper from here.
-Potential breakout above 340 level from current levels
-Price/Sales = 0.95 with PE Ratio less than its 5 Yrs Avg
-Growth in Annual EPS
-Liabilities/Assets Ratio lesser than its industry median
-OPM is higher than the industry median along with sustained ROE

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