Fibonacci retracement targetsAfter a high volume breakout VIDHIING targets decided by fibonacci retracement levels
Vidhi
#Vidhi SpecialityDisclaimer: I am not a SEBI registered or authorized analyst. The charts/levels/stocks posted will be only for educational purpose and not a buy/sell recommendation. I will not be responsible for your any losses & profit. No any kind of legal actions will be entertained for the same.
Vidhi Speciality High Volume BreakoutNSE:VIDHIING
Fundamentals:-
Vidhi Specialty Food Ingredients is engaged in the business of manufacturing and trading in synthetic food colors and trading in chemicals.
Sales and Profit CAGR for last 10 years at 12% and 28% respectively.
Average ROE for last 10 years at 25% and last 5 years at 28%. Last year it was at 30%.
Debt to Equity is at 0.05, Interest Coverage is at 23.6 and Current Ratio is at 5.29.
Dividend Yield is at 0.70% and the company is a consistent dividend payer since 2013.
All in all a good fundamental company.
The stock has given a high volume breakout today. Buy with a stop below Rs.140
