-Company is almost debt free. -Company has delivered good profit growth of 32.9% CAGR over last 5 years -Company has been maintaining a healthy dividend payout of 31.6% -Company's working capital requirements have reduced from 132 days to 90.4 days
Fluidomat is very old company listed on BSE from 2003, It is showing multiyear breakout pattern of share price. In 2015, it formed a price high in 2015 and the price saw a price breakout after 8 years in 2023. After breakout the price is consolidating 300-360 zones for last three months and Now it is moving out of the zone
FLUIDOMAT looks like it's set to move higher as its respecting its previous price gap. This is a kind of setup I hunt for.
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Add fluidomat. Add till pullback level. For now allocated 30% of your amount you wish to Trade it for Rest 70 add If it closes above 155 on daily or at 145 if you see that stock has bounced from there.
Wait for clear direction Everything mentioned on chart...