HG Infra is a techno-fundamental pick shared from infra sector.
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal
Technical Logic:-Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart.
Keep in watchlist.
Do follow me if you like my analysis for more such ideas:)
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal
Technical Logic:-Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with levels mentioned in chart.
Keep in watchlist.
Do follow me if you like my analysis for more such ideas:)
Trade active
Hope you won't miss this:)Note
T1 done. Very strong fundamentals supported by a technical bullishnessNote
T2 done as wellNote
T3 done and dusted. 45% returns doneNote
1600 from 890. 80% returns in less than 6 monthsNote
1800+ done. 2x returns by this investment stock in 6 months
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.