PREMCO GLOBAL BUY ON CURRENT PRICE OR ADD TILL 413-370 RANGE, STOPLOSS 335.00, TARGET 1 - 541.00, TARGET 2 - 568.00, TARGET 3 - 595.00
This is my personal view, and this is only for tutorial purpose, please do your own diligences.
Chart of the Week !!
Positional Pick !! Don't Miss
Textile Sector on Boom. One of the cheapest trading stock in this sector. Very Good Fundamentals. Debt Free Company.
Earnings release on 12th August, 2021. Expecting Good Numbers. Aggresive Traders can accumulate now and Safe Traders can after results.
Run Away Gap - A gap on a chart representing a sudden and...
Premco Global has been correcting after the uptrend till around 1000. Now its at around the 61.8 percent retracement level
Based on Vol analysis its looks be in accumulation phase now ( marked inside the rectangle) and a reversal might be on the cards. RSI also rising
Also there is a double bottom on the daily chart
Premco Global Ltd. engages in the manufacturing, marketing, and distribution of woven and knitted elastic and non-elastic narrow fabric and webbing. Its product caters to the apparel, lingerie, sports-related, medical, footwear, luggage, furnishing, and automotive industries. The firm offers name and plain tapes, and panty and shoulder elastics. The company was founded by Bhangwandas Harjani in 1966 and is headquartered in Mumbai, India.
BSE
