Stylam Industries under the industry Plywood Boards/Laminates is engaged in the manufacturing of decorative laminates exports its products primarily to European and South East Asian countries. Company has excellent fundamentals. Improved ROCE, Debtor & inventory days along with working capital. Stock looking to breakout trendline in chart. RSI already brokeout...
Fundamental Analysis 1. Intrinsic value Analysis: Trading at 66% below estimate of its fair value 2. Earning forecast : Earnings are forecast to grow 22.88% per year 3. Past earnings : Earnings grew by 37% over the past year 4. Peers Comparison: Trading at good value compared to peers and industry 5. General Analysts Outlook: Most Analysts in good...
Reason for long a) Good order book b) Revenue jumped 24% c) Currently the product are in trending sector and can expect some from the current level. Howsoever, SL compulsory Fundas okay
STYLAM Ind CMP 1796 Good on dips to 1740-1715 Strict SL below 1615 May move towards 1934/2326 Strict SL **Risky**
Chart -> Stylam Industry Daily All time high breakout in Stylam Industry, with volume pop ups. CMP: 1796 Good Range To Buy: 1700 to 1800 Targets: 1980, 2100 SL: 1660 Daily Close Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Breakout in Stylam industries with high volume............
Stylamind has comeout from a good consolidation and has now given a breakout. SL below 1720
Stylam industries CMP:1223 sl:1100(wcb) target: 1375/open...above 1425-1450 this stock can show good upward movement Note: educational post
📊 Script: STYLAMIND (STYLAM INDUSTRIES LIMITED) 📊 Nifty50 Stock: NO 📊 Sectoral Index: NA 📊 Sector: Consumer Durables 📊 Industry: Plywood Boards/ Laminate Key highlights: 💡⚡ 📈 Script is trading at upper band of BB. 📈 MACD is giving crossover. 📈 Already Crossover in Double Moving Averages. 📈 Right now RSI is around 74. ⏱️ C.M.P 📑💰- 1223 🟢 Target 🎯🏆 - 1320 ⚠️...
#weekly flagpole chart #channel breakout? #retest #stylmindustries
AMAZING LONG TERM PICK !! TARGETS OF 2X IN 3YEARS !!
-Looks good for mid-to-long term investment -Industry tailwinds -Breakout has happened and trading near all time high in weak market conditions