Kansai Nerolac Paints (KANSAINER) is manufacturing Paints & mainly work for Industrial Coatings. Company is subsidiary of Kansai Paints Japan. Company did some expansion in Bangladesh, Nepal & Srilanka in 19-20. Company is almost debt free & give healthy dividend payout every year.
In terms of technical, at Daily chart frame there is a Wedge chart pattern formation since Jan 2021 & it is trying to give breakout since then. Expecting a breakout & stock will move to a good level.
So, You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy Earning!
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
To learn more on Fundamental & Technical analysis, please do register for our Beginner Module or Contact us.
This was just for educational purpose only & not recommending to BUY/SELL of any Script.
In terms of technical, at Daily chart frame there is a Wedge chart pattern formation since Jan 2021 & it is trying to give breakout since then. Expecting a breakout & stock will move to a good level.
So, You can take Target & SL as per trend analysis which we suggest/teach during our Beginner Module Course. Happy Earning!
Follow THE DECISIVE because WE HELP YOU TO DECIDE!
To learn more on Fundamental & Technical analysis, please do register for our Beginner Module or Contact us.
This was just for educational purpose only & not recommending to BUY/SELL of any Script.