Buy Kilpest India: CMP=467 Target 1=528 Target2 =570
Technical Parameter:
Stock given breakout on 3rd January made a rally and now retracing.
Taking support of Trendline and 55 SMA.
RSI taking support of 50 (again bullish sign)
CMP=467 , 50SMA =464 200SMA=454
Fundamental:
Company is on crop protect business (Bullish sector)
ROE 98% (3 year avg) 85%(5 year avg)
Debt/Equity=0.01 , current ratio=2.26 quick ratio=2.11
Technical Parameter:
Stock given breakout on 3rd January made a rally and now retracing.
Taking support of Trendline and 55 SMA.
RSI taking support of 50 (again bullish sign)
CMP=467 , 50SMA =464 200SMA=454
Fundamental:
Company is on crop protect business (Bullish sector)
ROE 98% (3 year avg) 85%(5 year avg)
Debt/Equity=0.01 , current ratio=2.26 quick ratio=2.11