Both Technical and Fundamentals of Daawat(LT Foods) are strong. Technical - More room for stock price appreciation for 2 reason 1. LT Foods trading around 8 P/E & 1.20 BV against KRBL's 12.50 P/E & Book value of 2.25 2. Result of LT foods for past 2 quarter were good compared to KRBL. Hence P/E and B/V of LT Foods should appreciate. Fundamental Atleast for...
Note: This is for educational purpose only. There is a bullish flag pattern breakout with ultra high volume. RSI is above 70 which shows overbought. There might be some consolidation or not before the next up move.
Daawat looks promising price strength-wise and earnings wise. i will be looking to initiate a position on corrections of 10/15% Technical: Daawat has clocked the highest monthly volume since Jan 2018 and it's up 50% in June 2020. Makes the case to look at it for a trade Fundamental: This stock shows decent sales and profit growth. 3 years of sales growth -...
After recent investment from Saudi, DAAWAT is gaining uptrend. Result appeared in this quarter result. Next quarter will also be good as per the rice demand from Saudi.
FIBO M S/R 50/200 D EMA CRS is positive. RSI MACD is also Positive.
trend changed after huge correction
DAAWAT (LT Foods Ltd) BUY ABOVE 40.3
Buy NSE:DAAWAT at CMP (48.50+) T1: 65 T2: 71 T3: 82 SL: 41
Hi! I trade NSE stocks using Demand and Supply zone strategy, mostly in Weekly time frame. Here's a trading plan for LT Foods Weekly location: Equilibrium Daily trend: Up (Let's go long) Hourly zones: Demand zone marked on chart Trade duration (max): 2 week Note: Target, Entry and SL on chart