THIS STOCK IS ALSO MAKING NEW HIGHER HIGH
i am already in this stock , One can look for day trading enter on CMP or on pull back for Target of 740 with stop 700
Regards
After a sharp fall, price has stabilised and tried to recover some lost ground. The close above the 200-dma is a positive sign too.
The red lines represent Action-Reaction lines. Andrews Pitchfork is a subset of these Action-Reaction lines.
Price could rally to the upper red line at 680-ish.
Scrip has fully bottomed out.
It is now above the MAs, poised for rise to much higher levels.
Book Value is Rs 114+, stock is Rs. 568, EPS is Rs 17, PE=33, rising dividends over he years, very low debt, rising margins.
With the onset of rise in construction activities, demonetisation behind us, the momentum of all parameters of this scrip seems...
