nikhilgodhani

[Investing/Long term] Buy DR.LALPATHLAB

Long
nikhilgodhani Updated   
NSE:LALPATHLAB   DR LAL PATHLABS LTD
Buy DR.LALPATHLAB
for short term
buy above 2750
target 2950-3500(long term)
SL-2200
very good volumes seen in uptrend and volume decreasing in consolidation
also observed two very good candle with huge volume
But i will recommend to buy one every dip near 21SMA And 50 SMA(because 50SMA kind of acting as a dynamic support)
suggested to buy this because i think we might se huge growth in diagnostic industry
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 30.45%
valuations seem to be very expansive(but still believing that this will generate good return on long term if we buy on every dip)
thyrocare and metropolic also looking good

Other uptrending stocks are
1.sail
2.tatasteel
3.tataconsumer
4. tatachem
5. upl
6. ultratech


Trade closed: target reached:
almost 10%
3007
Comment:
TSL CTC

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