Indianstocks
Somi Conveyor: Cup and Handle BreakoutCup and handle formation which started in Feb 2018. Looks like it ends as the Chart breakouts from it's horizontal Trendline above the cup & handle's base line. Brace for super long targets with strict stoploss in any case the momentum gets slow given the chart is based on a weekly timeframe.
ISGEC setting up to make new highs ISGEC chart looks strong, any dips near 600 will be a strong buy, company has recently started operations in its new ethanol plant, and is a major player in many sectors. I have already made a position. This is a positional pick. Stoploss can be placed @ 540
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Deepak FertilisersGraham number: 1094.98
Debt to Equity: 0.73
P/E: 4.54
Industry P/E: 15.48
P/E is in FairValue Zone
Current Ratio: 1.28
Profitable
Continuously giving divident
Warning: Only for education purpose. Investments in stock market is subjected to market risk do own researches before investing.