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:)
Comment:
T1 done. Very strong fundamentals supported by a technical bullishness
Comment:
T2 done as well