kbmj
Long

Ind-Swift Limited : Multibagger in Making ...{Extremely Bullish}

NSE:INDSWFTLTD   IND SWIFT LTD
Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Comment: Facing Resistance ... Buy Above 12.25 Rs. ... :)
I have been following your calls regularly and quiet impressed with your excellent calls.
In this case i have checked the sales and profit of a few quarters and it is not up to the mark. Debt/equity ratio is also too high.

Any good news or recent development for above mentioned breakout ???
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kbmj kumarguddu2353
Hi @kumarguddu2353, Company will come on track After 1-2 Quarters ... As Company informed that Debts are recovering rapidly , Interests and Finance Cost will come down and Profit will increase And If A Company which is representing (-) 100 Rs. Book Value turns into (+) 10 or 20 Rs. Book Value is said to be A Turnaround Case ... In that Case , You can think what will be the Price of Company ... 30 or 300 ... Good Luck !!!
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@kbmj, NIce analysis.

Thanks
Reply
kbmj kumarguddu2353
@kumarguddu2353, Thanks ... :)
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@kbmj sir, it is forming a chart pattern for cup with a handle.. I think we can expect to break the resistance levels
Reply
kbmj nareshbabuh
@nareshbabuh, Yes Sir , You caught it Right ... It will be A Multibagger ... :)
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In RSI it shows it is overbought
+1 Reply
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