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harishnarayan2579
Feb 26, 2024 6:31 AM

GNA Axles - Swing  Long

GNA AXLES LTDNSE

Description

Low debt
PE 16, less than IND PE 31
PEG < 1
Good ROE, ROCE ~20%
Profit growth is less

Price 431 near EMA 63 in weekly charts
Price 431 less than EMA 200 in daily charts
Price bouncing from support at 390 levels
RSI neutral around 40

Hold for swing upto 500>550
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