Sumeet Industries : Quoting Near Support Zone ... {Bullish}
Updated
To All Members , Sumeet Industries (A Textile Sector Company) Looks Good To Buy For Short Term ... It is Near the Reversal Zone And Made Rounding Bottom Pattern on Weekly Chart {Most Successful Pattern} ... Overall , It Looks Good For Short-Mid Term ...
Approach it for :
1st Target : 35.5 Rs. And By Crossing it :
2nd Target : 42 Rs. & 3rd Target : 50 Rs.
Have A SL At 28 Rs. For First Target And 33.5 Rs. For Second Target & 38.5 Rs. For Third Target .
Here Are the Fundamentals Of the Company :
Earning Per Share (EPS-TTM) : 6.13 Rs. , Price/Earning Ratio : 4.89 : Industry P/E Ratio : 6.66 [Undervalued Among Peers]
Book Value : 47.89 Rs. , Price/Book Ratio : 0.63 [Extremely Undervalued]
Face Value : 10 Rs. With Return On Net Worth Of Around 13% [Good]
Overall , It is Good Share By Fundamentals As Well As Technical ... Grab It ... Good Luck !!!
Approach it for :
1st Target : 35.5 Rs. And By Crossing it :
2nd Target : 42 Rs. & 3rd Target : 50 Rs.
Have A SL At 28 Rs. For First Target And 33.5 Rs. For Second Target & 38.5 Rs. For Third Target .
Here Are the Fundamentals Of the Company :
Earning Per Share (EPS-TTM) : 6.13 Rs. , Price/Earning Ratio : 4.89 : Industry P/E Ratio : 6.66 [Undervalued Among Peers]
Book Value : 47.89 Rs. , Price/Book Ratio : 0.63 [Extremely Undervalued]
Face Value : 10 Rs. With Return On Net Worth Of Around 13% [Good]
Overall , It is Good Share By Fundamentals As Well As Technical ... Grab It ... Good Luck !!!
Trade active
3% Up .. :)Trade active
Took Support ... Giving Good Returns of 5% ... :)Trade closed: target reached
29 to 37 ... Enjoying the Rally ??? :)
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