It is the world's largest manufacturer of Camphor.
Its an small cap with just 300 Cr (so a risky bet).
Its near its all time low.
Current price is near its book value.
Stock PE is too high as compare to industry PE.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Negative ROCE & ROE.
Demand Zone are marked as green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Demand Zone is from 325 to 300, which may act as reversal zone.
Demand zone has double bottom in it & also its all time low level, which may act as reversal point.
Levels:-
Buy 325 - 300
Stoploss 280
Tgt 440 to 1300
Tgts as Marked on the chart
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Its an small cap with just 300 Cr (so a risky bet).
Its near its all time low.
Current price is near its book value.
Stock PE is too high as compare to industry PE.
Promoter Holding is good & No promoter Pledged.
Debt is less than reserves.
Negative ROCE & ROE.
Demand Zone are marked as green shaded horizontal area.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Demand Zone is from 325 to 300, which may act as reversal zone.
Demand zone has double bottom in it & also its all time low level, which may act as reversal point.
Levels:-
Buy 325 - 300
Stoploss 280
Tgt 440 to 1300
Tgts as Marked on the chart
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.