POKARNA:- DOUBLE BOTTOM BREAKOUT FOR Target 350/400++ View Invalid Below 200
#POKARNA SL-124 DCB Cmp-147 Gud buy abv 159 Good to enter at lower value around 124. Valuations are good.
Theoritically it can go to a level of 94.50
#POKARNA CMP 241.3 H&S failure coupled with trendline breakout is extremely bullish for this stock. Keep a stop at 199 and go long
Disclaimer... Not invested..Not an investing/trading recommendation
Pokarna :205 seems to be nearing a strong support level. But Indicators are still showing weakness, expect to find a support around 194 level, Is a good stock to have in one’s portfolio, to find a target 260 _320 and more in coming years. This looks like an H&S, but don’t worry, it doesn’t qualify an head & shoulder, as a Head and shoulders patterns appears...
Trend Line BO + At Major Resistance level - Close above 251 will give rise to 290
POkarana-bounced from support around 190-195
Buy Range - Rs210 to Rs230 StopLoss - Rs180 Target - Rs290 & Rs350 Techincal buy call....maintain stoploss
Test it for yourself on different stocks (which moved heavily up or down or sideways for last 6-12 months) and get your answer whether to use it or not
Pokarna is bullish an having a pole and flagt formation,target 1563
The fundamentals are good, but debt is as high as 2.81 to 0.6 is showing in different sites Market Cap.: ₹ 658.33 Cr. Current Price: ₹ 1,061.70 Book Value: ₹ 239.63 Stock P/E: 8.79 Dividend Yield: 0.94% Face Value: ₹ 10 DE: 0.80 Listed on both BSE & NSE 52 Week High &Low: ₹ 1,314.00 - ₹ 702.25 Return on capital employed: 28.26% Quick ratio: 0.99 Dividend Payout:...