amankavi
Long

FIEM : Descending triangle breakout (reversal)

NSE:FIEMIND   FIEM INDUSTRIES LT
Scrip might reach the desired TPs after breakout from descending triangle however, would prefer to book profits at resistance levels after entry range confirmation of bullish momentum

Fundamentals Pros :
Healthy dividend paying company with not so much risk involved as per book value
Stock P/E: 26.56
Price to book value: 2.82
Price to Sales: 1.15
Interest Coverage: ₹ 2.88

Call = 5-7 months

Comments

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