Hindustan Composites:590 Resistance:760 STOP:575
Hindustan Composites Ltd: 590 is an up trending small cap stock with low equity base,
currently trading at the bottom trend line support level,good for investment at current level.
All the above is said true, but the numbers are always below expectations,
and that make the ROE poor, is the reason the stock is not performing well like sumi or exide.
Exide will fly towards 250 now.I prefer to catch bottoms but.
so dont keep higher expectation, but if you are lucky it can show 1000 in an year.
currently trading at the bottom trend line support level,good for investment at current level.
All the above is said true, but the numbers are always below expectations,
and that make the ROE poor, is the reason the stock is not performing well like sumi or exide.
Exide will fly towards 250 now.I prefer to catch bottoms but.
so dont keep higher expectation, but if you are lucky it can show 1000 in an year.
Comment:
690 was the high
Comment:
490 is a strong support.
Also RSI supporting now,
Also RSI supporting now,