GULF Oil Lubricant analyasis on 30 Mar 24

GULF Oil Lubricant analyasis on 31 Mar 24
Fundamentally Analyasis
promoter holing 71.94%
FII holding 4.98 %
less debt than reserve
debt 71 cr
Reserve 420 cr
stock PE is less than industry PE
Overall all time PE 22.4
Stock PE 16.19
Industry PE 30.42

Technical analysis
Formation of Cup an Handle Pattern
add some quantity now
breakout after Mar 2020 @ 800
try to buying near breakout support price 820-850
keep stop loss 730
target 950 - 1000 - 1050 - 1150
head and shoulder target 1200