When FMCG, pharma etc stocks are trading @50 times their current earnings and 10 times their current Market cap...
How can their suppliers from packaging industry stocks trade @just 3 times their current earnings and 0.5 to 1 times their current market cap ??
1. Hubli plant has commenced operation in this quarter which will boost topline growth
2. Good domestic...
Stock Name - Uflex Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 685
#This is not Buy and Sell recommendation to any one. This is for education purpose...
Buying zone: 590 - 615, with initial target of 658 which is also the short term resistance zone.
A move above 658 will take the price to 720.
Support at 590 and 556. Exit trade if price falls below 556.
Note: Personal analysis, not a buy or sell recommendation.
