udith

BUY for positional/long term

Long
NSE:PARAGMILK   PARAG MILK FOODS
Sector FMCG
Parag milk operates milk, processed cheese, low price high selling cooking butter.
It is the 2nd Largest Player in Cheese in India with a 35% Market Share.
It is a leader in the Cow Ghee category with its brand ‘Gowardhan’ Ghee.

All the details are mentioned in the charts.
Any quires/clarifications required
Kindly revert back.

RSI :- Above 60 is promising
Volume indicator :- Slowly accumulating for big blast.

Note :- The analysis is made for study purpose only. Nowhere author is suggesting to buy/sell.
Before taking any position it is advised to consult your financial advisor.
Trade closed: target reached: Congrats 10% target has been reached.
SL be moved to buy price.
Can book some qty. For tasting the profits.
Trade closed: stop reached: Trailing SL hit. at 134.10