Next MultiBagger Story NSE:NIRMAN
*keep on Radar
*waiting for the upcoming results
*Super growth candidate
*Low PE
*MultiBagger Capability
NIRMAN trade ideas
Nirman Agri Genetics: A Promising Investment Opportunity?Research suggests Nirman Agri Genetics Ltd (NSE: NIRMANAGRI) is currently trading at ₹239.95 with a market capitalization of ₹147 crore. The stock's price-to-earnings (PE) ratio stands at 35.70, which is considered medium-high. Over the past 52 weeks, its price has ranged between ₹324.95 and ₹70.45, with a beta of 0.75.
Analyzing the hourly chart, there's a noticeable attempt to break the trendline, indicating buyer pressure. In April 2024 alone, the stock showed an upside of 31.59%. Moreover, all four exponential moving averages (EMAs) - 20, 50, 100, and 200 - are aligned, signifying increased strength. The Relative Strength Index (RSI) corroborates this bullish sentiment, as do analysts' opinions.
It's important to conduct thorough research before making any investment decisions. Additionally, investing in stocks carries inherent risks, and past performance is not indicative of future results. Therefore, it's advised to consult with a financial advisor and carefully consider your risk tolerance and investment objectives.
possibilities to catch 60% in this swing pickSwing for the season, you can take entry at this current level, with the stop loss of 245 below close price target has been marked in the chart.
buy at your own risk, I'm not sebi Registered. Idea shared for educational purpose and chart analysis.
