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Markets India Stocks Process Industries Textiles

PREMCO GLOBAL LTD
PREMCO BSE

PREMCO
PREMCO GLOBAL LTD BSE
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Upcoming Earnings
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PREMCO Stock Chart

Ideas

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Premco Global - Possible reversal on the cards?
PREMCO
, M
Long
PREMCO: Premco Global - Possible reversal on the cards?

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
PREMCO
, W
Long
PREMCO: PREMCO Global

CMP 480Rs Retest Lvl 440Rs Pattern: Wedge Initial Target: 540Rs in Short term

Technicals

Financials

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Profile

Sector: Process Industries
Industry: Textiles
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. It 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.

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