Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Nila Infra - Down from 19 Rupees in June to 6.6 Rupees in OCT.
A heavy volume in the bottoms showing clear price rejection by sellers - Which means stock can move UP
Comparing to peers it is in a good position with regards to fundamentals.
ROE: 19.35 (Sector average: 0.06)
ROA: 7.39(Sector average: -1.05)
ROCE: 19.46(Sector average: 28.34)