Abhi_Katkar

SATIA INDUSTRIES, Fast growing but still Undervalued Paper stock

Long
NSE:SATIA   SATIA INDUSTRIES LTD
SATIA Industries is looking good on weekly chart...
CMP 145..

Chart attached shows good position building..
Its a weekly chart and candle is not closed, So I am kind of preempting further move.
SL below 131 DCB for short term trade, and 114 for positional/medium term trade.

Fundamentals are very good for this company and hugely undervalued.
CWIP+Just completed expansion will contribute to more than 20% in next year's revenue...
PE is just 6 and intrinsic value of more than 360 as per screener.in



P.S. :- I am not SEBI registered analyst,
This post is for educational purpose only.
DYOR or consult your financial advisor before taking any action on this post.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.