HONASA - FUNDAMENTALLY AND TECHNICALLY A BULL
Honasa Consumer ready for a retest and breakout?
Let's Evaluate the stock -
Stock Trading at ATH after breakout with enormous volumes - 27 Million against average daily volume of around 4 Million Shares indicates Institutional Presence.
Stock is trading at an undervalued PE although it is trading at highest ever profits indicating that the price is undervalued.
Both Fundamentals and Technical are Solid.
*Not an Investment Advice, for educational purposes only*
Let's Evaluate the stock -
Stock Trading at ATH after breakout with enormous volumes - 27 Million against average daily volume of around 4 Million Shares indicates Institutional Presence.
Stock is trading at an undervalued PE although it is trading at highest ever profits indicating that the price is undervalued.
Both Fundamentals and Technical are Solid.
*Not an Investment Advice, for educational purposes only*
Note
The Stock has retested its accumulation Zone, let's keep a close watch on the stock.
*Not an investment advice, only for educational purposes*
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