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Long

Sumeet Industries : Quoting Near Support Zone ... {Bullish}

NSE:SUMEETINDS   SUMEET INDUSTRIES
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
Book Value : 47.89 Rs             . , Price/Book Ratio : 0.63
Face Value : 10 Rs             . With Return On Net Worth Of Around 13%
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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