GTPL Hathway Ltd had a golden run in past few weeks.
From a LOW of 32.35 on 23rd March 2020 the stock has managed to show a very sharp recovery of almost 302 percent.
Great things about the fundamentals:
The above facts are keeping the Investors glued to the company.
Technical Facts:
Looks like a small correction is on the way.
From a LOW of 32.35 on 23rd March 2020 the stock has managed to show a very sharp recovery of almost 302 percent.
Great things about the fundamentals:
- Company has reduced debt.
- Stock is providing a good dividend yield of 3.06%.
- Company is expected to give good quarter
- Company has been maintaining a healthy dividend payout of 34.13%
The above facts are keeping the Investors glued to the company.
Technical Facts:
- Fresh Breakout with Exceptional Volumes
- Made 52 Weeks High at 104 but got rejected and down 6 points from there.
- The Upper Wick is of the same size as the body.
- Trading near Psychological levels of 100
- Respecting Support Trendline
- Gapped Up at 80 as well
- MFI at 83 which shows that the stock is in Overbought Zone
Looks like a small correction is on the way.
Trade active:
The stock made a new high of 108.95 today before showing some correction