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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