Kiriindus
Fundamental -
Company sale & eps growth stable from last 2 quarter,
Also promotors bought, increase stake from 26 to 31% current last quarter
Fii sell from last 2 quarter
Dii bought from last 2 quarter
Stock PE look affordable trading at 12PE
Technically Stock create high tight flag , sustain above ema's,
550 below maybe weakness start.
Causes -
MARKET BREATH IS LOOK OVERBOUGHT, IF ANY CORRECTION SHOW IN INDEX THEN MAYBE STOCK RETEST 574 area .
- ALSO STOCK CURRENTLY TRADING AT NEAR STRONG RESISTANCE ATH,
Company sale & eps growth stable from last 2 quarter,
Also promotors bought, increase stake from 26 to 31% current last quarter
Fii sell from last 2 quarter
Dii bought from last 2 quarter
Stock PE look affordable trading at 12PE
Technically Stock create high tight flag , sustain above ema's,
550 below maybe weakness start.
Causes -
MARKET BREATH IS LOOK OVERBOUGHT, IF ANY CORRECTION SHOW IN INDEX THEN MAYBE STOCK RETEST 574 area .
- ALSO STOCK CURRENTLY TRADING AT NEAR STRONG RESISTANCE ATH,
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