WELSPUN LIVING READY FOR BREAKOUT
The stock has breached a curcial resistance of 172 and is expected a give a big rally which and double the money invested , the stock has been forming a cup and handle pattern on the daily timeframe
The fundamentals of the company are recouping and making a stong comeback also the PE is mere 24 while the industry PE is at 31 which also shows the sign of undervaluation , also the profitability and the sales are at pretty good levels when compared to previous years
Target - 280
The fundamentals of the company are recouping and making a stong comeback also the PE is mere 24 while the industry PE is at 31 which also shows the sign of undervaluation , also the profitability and the sales are at pretty good levels when compared to previous years
Target - 280
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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.