Fine Organic Industries Ltd
Fine Organic is the largest manufacturer of oleochemical-based niche additives in India.
It is among the six largest global players in polymer additives.
Fundamentals:-
Stock PE is below Industry PE.
Debt is Very less than reserves (Almost a Debt Free comapny).
Dividend giving stock.
ROCE & ROE Good.
Piotroski Score is 8 (Very Good Score).
Promoters holding is Very Good & No promoters pledged.
Technical:-
Demand Zone is marked as Green shaded horizontal area.
Support is marked as green horizontal line.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triple top is marked with red horizontal area with 3 Stars, which is strong Rejection Zone.
Price may bounce from 200 Weekly EMA (White Line) which is also start of Demand Zone.
Once bounced - Swing Tgts are upto Triple top zone.
Price is expected to bounce from Demand Zones.
Crux:-
A Company with good Business.
Strong fundamentals.
Its a Long Term Stock.
Buy 4080 - 3900 - 3500
Stoploss 3375
Swing Tgt 4460 - 5120
Long Term 6080 - 6675 - 7320
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
It is among the six largest global players in polymer additives.
Fundamentals:-
Stock PE is below Industry PE.
Debt is Very less than reserves (Almost a Debt Free comapny).
Dividend giving stock.
ROCE & ROE Good.
Piotroski Score is 8 (Very Good Score).
Promoters holding is Very Good & No promoters pledged.
Technical:-
Demand Zone is marked as Green shaded horizontal area.
Support is marked as green horizontal line.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triple top is marked with red horizontal area with 3 Stars, which is strong Rejection Zone.
Price may bounce from 200 Weekly EMA (White Line) which is also start of Demand Zone.
Once bounced - Swing Tgts are upto Triple top zone.
Price is expected to bounce from Demand Zones.
Crux:-
A Company with good Business.
Strong fundamentals.
Its a Long Term Stock.
Buy 4080 - 3900 - 3500
Stoploss 3375
Swing Tgt 4460 - 5120
Long Term 6080 - 6675 - 7320
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
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