Rocket has been launched after Breakout of PG Electroplast Ltd.

PG Electroplast Limited is the flagship company of the PG Group, and is one of the leading players in India in Electronics Manufacturing Services. It is a diversified EMS providing OEM and ODM solutions for complete product and component manufacturing.

Market Cap
₹ 3,759 Cr.
Current Price
₹ 1,653
High / Low
₹ 1,716 / 821
Stock P/E
39.6
Book Value
₹ 174
Dividend Yield
0.00 %
ROCE
17.3 %
ROE
21.9 %
Face Value
₹ 10.0
Debt
₹ 577 Cr.
EPS
₹ 41.9
PEG Ratio
Promoter holding
61.2 %
Intrinsic Value
₹ 999
Pledged percentage
0.00 %
EVEBITDA
20.5

Guy's we have seen neat and clean Falling Trendline Breakout in PG Electroplast. Now this can become Rocket as buyers going to enter here to ride the rally. This Breakout getting support of Volumes. Volumes is an important indicator that can often confirm whether a Stock has given a valid Breakout or a false Breakout from a support or resistance trendline. A valid or genuine Breakout occurs on high volumes while a false breakout occurs on low Volume. Hence in case of a Breakout, it is a very important to look at Volumes.

Some Positive Technical Factor about this Ticker:-

Price is above 200 EMA
We have seen Proper Falling Trendline breakout
with Good Volume
Price is sustaining above breakout trendline
MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already)

Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.

Comment:

Guy's rocket has been landed successfully....
Beyond the target

Comment:

I am unstoppable today..
Beyond The Target

Kya bolti apni public