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Abhi_Katkar
Jan 8, 2024 3:40 AM

ELECTROSTEEL Casting weekly Flag breakout  Long

ELECTROSTEEL CASTNSE

Description

Electrosteel Casting (Electroclast)
CMP 129

Flag breakout on weekly chart...
Best buy near 120-122 on retracement..

SL below 105 DCB
Comments
spdhingra9
Any target ?
Abhi_Katkar
@spdhingra9,
Its valuation is cheaper than all its peers,
In last few years growth is decent and with positive cashflow most of the time.
Continuous expansion is also going on..

So I am not going to put a cap on its upside, But Flag breakout gives target about 170 odd levels,
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