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Medicalstocks

[SWING/POSITIONAL] INDRAMEDCO Long....Good Structure observed in Indramedco For movement play buy above 96 SL below 65 Target 112-121 good support near 75-72 volumes picking up in uptrend and dry up in consolidation Fundamentals:-- Market Cap-- ₹ 809 Cr. ROCE-- 20.5 % ROE-- 17.4 % Company is almost debt free Mcap FF (Cr.)--- 395.97 Please maintain SL closing basis as this is small cap stock Risk 1-3% of your capital(so plan position sizing base on this) My trading view ideas past accuracy around 73%(Please maintain your SL)
NSE:INDRAMEDCOLong
by nikhilgodhani
6