CONSOFINVT.. Good to have in portfolioCONSOFINVT 203 is undervalued currently trading at 6.2 PE and has potential to fair value 337.
Company has delivered good profit growth of 81.2% CAGR over last 5 years
Consolidated Finvest & Holdings has an Piotroski F-score of 8. It is a good or high score, which usually indicates a very healthy situation.
FII's have increased their stake from 4.05 to 4.29 for this quarter.
All the above facts made us to suggest CONSOFINVT a good to have in portfolio.
CONSOFINVT trade ideas
Consolidated Finvest & Holdings Ltd - Long Setup, Move is ON...#CONSOFINVT trading above Resistance of 300
Next Resistance is at 380
Support is at 222
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#CONSOFINVIT #NSE - FLAG BREAKOUT
Consolidated Finvest & Holdings Ltd.
FLAG pattern breakout with good volume.
Strong perfomer.
Promoters have increased holdings from 74.41% to 74.89% in Sep 2023 qtr.
FII/FPI have increased holdings from 3.58% to 3.60% in Sep 2023 qtr.
Disclaimer:
For educational purpose only.
Please do your own research before taking any trades.
Happy Trading!
Cup pattern breakout The stock recently underwent a breakout from a cup pattern, and this breakout was characterized by strong trading volumes. Prior to the breakout, there was a notable accumulation of trading volume, indicating sustained interest and potential buying activity. The combination of a cup pattern breakout with good volumes and pre-breakout volume accumulation suggests a robust and well-supported bullish move in the stock. Traders and investors may find these technical signals compelling, pointing towards potential sustained upward momentum.
Follow proper risk management before taking trade.