Gravita India
*ONLY FOR EDUCATION PURPOSE*
TECHNICAL :-
Forming Patterns
1) cup and handle in monthly time frame for target price @730 stop lose:- 231 (handle low)
2)Rounding bottom in daily time frame for target price @570 stop lose :- @346 (as per support levels)
Fundamentals:-
1)sales :- all time high
2)profit :- all time high
3)debt:-reduce
4)promoters holding:-73%
5)P/B :- 12.71 (Too High) as per finology ticker
-In Rounding bottom pattern breakout volume is good
-Cup and handle pattern in monthly chart become so perfect because of perfect retracement and cup and handle pattern in volume also
#Share your views in comments
TECHNICAL :-
Forming Patterns
1) cup and handle in monthly time frame for target price @730 stop lose:- 231 (handle low)
2)Rounding bottom in daily time frame for target price @570 stop lose :- @346 (as per support levels)
Fundamentals:-
1)sales :- all time high
2)profit :- all time high
3)debt:-reduce
4)promoters holding:-73%
5)P/B :- 12.71 (Too High) as per finology ticker
-In Rounding bottom pattern breakout volume is good
-Cup and handle pattern in monthly chart become so perfect because of perfect retracement and cup and handle pattern in volume also
#Share your views in comments
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