monero/dollor positional setup in oscillating market.
buy , sell & stoploss shown in chart.
disclamier: viewer are advised to trade at their own risk.
Economic Cycles
Puravankara - Undervalued Stock changing TrendIt has been observed that the price action dipped below the book value of the company, which is providing a good opportunity to buy as an undervalued company at discount of 20% from its book value. The price action dipped due to the recent down turn in the realestate market due to Government policy changes in recent year like Demonetization, GST and other. But the company still sustained their profitability and continues to generate sustainable profits with good control on debts.
Book Value: 101
P/E: 13.74
Debt to Equity: 0.86
Market Cap: 1900 Cr.
Resources: Screener.in
Short term view:
T1- 100
T2- 110
SL- 85
Long term View:
T1- 125
T2-150
SL-75
