Kaveri Seed Company Ltd is showing a trendline breakout with good volume. Fundamental is very nice. you can see this on below link. Low PE, good DII and FII holding, less public holding is also very good. Piotroski Score is 8 and Altman Z Score is 4.98 this shows the fundamental comfort for this stock. rest is in the link.. ( screener.in/company/KSCL/consolidated/ )
CMP : 630 TG : 780 SL : Below 21 daily EMA or 9 weekly EMA
Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. (To view this, click sedg.in/alcqy7nv ) 3: Technical : 9/21/55/200-EMA, RS>0, MACD, RSI & Super trend up. ( To view this, click sedg.in/hcrgksl7 ) 4: Fundamental : PE, PAT, Industry & peer PE and sector performance. 5: Timing : Entry Timing on Daily chart.
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk. Please consult your financial adviser before taking any decision.