minchu

Accumulation going on in sintex

Long
NSE:SINTEX   SINTEX INDUSTRIES
Sintex has moved upwards from its strong support zone around 17.5. There is also a bullish divergence with respect to money flow index. In terms of valuation it has one of the lowest PE ratios among the peers at 8.45. It can be bought now with T1-23,T2-28 and stop loss of close below 16.
Trade closed: stop reached

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