INDTONER trade ideas
6 Years Rounding Bottom Breakout.It is in the business of manufacturing of toners for domestic and export market.
Market Cap₹ 394 Cr.
ROCE 19.5%
InstHold 0.03%
Growth 3 years :-
Sales 20%
PAT 31%
6 Years Rounding Bottom Breakout.
Will National Education Policy 2020 be the Tigger?
Cup & Handle breakout Indtoner weekly chart
cup and handle b/o
looks good for all time high
stop loss can be placed near 200
Rsi looks bullish and Adx above 25+
Indian toners developers Indian toners & developers CMP:183 sl:150(wcb) target: 210/255/330....slow mover but high probability of reaching the target
Note: educational post
indian tonner keep eye on itif one wish to take a risk on own o
after confirm b.o. only
on long side longterm ..
observe for learning only..
risky..decide on own after confirming funda technical.
Breakout with High volume* After Long consolidation Breakout with high volume in weekly chart and made a Marubazu Candlestick pattern .
INDTONER | Only Listed company in tonner ManufacturingI'll be coming with more analysis...
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Note this stock is understudy.
