KOTARISUG trade ideas
KOTARISUGKOTARISUG: Looking Good
Descending Triangle Pattern Upside Breakout Sustaining/Closing Above 38
KOTHARI TARGET UPDATE 28-6-2021Look fresh in range 37-42 fo upside 50 med term and 60 long term with stop loss 33.60..!!!
Kotarisug: 15 years BreakoutStock of the Week: #Kotarisug
Entry Price: 50.40
SL: 23.70
Position Sizing: 7%
Reason: On the verge of 15 years breakout with an increase in Volume
NSE:KOTARISUG
Chart Of the Week !! 28 March 2021 !! 12 Year Breakout !!* A 12 years long consolidation breakout with high volume in weekly chart .
* High volume activity witnessed at the time of breakout gives more confident for investment and always defined ur risk before taking trades .
Market Cap - ₹ 212 Cr.
Book Value - ₹ 21.6
Stock P/E - 12.5
Reserves cash Rs. Cr - 95.93
Debt / Eq - 0.28
Pledged % - Zero
Kindly let us know if you have any question .
i strongly recommend to buy and hold for few days. i think that a major breakout can be accepted if starts to trade above 12.5 tomorrow . i have established the support and resistance on basis of 1 day chart.
target 12.5-13-14-15
