Promoter holding has increased by 2.30% over last quarter.
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 45.20%
The company has a good cash flow management; CFO/PAT stands at 6.12.
The company has a high promoter holding of 61.45%.
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI...
A nice 4-5 year cup breakout can be seen in Sangamindia whose Neckline is around 326. May Buy 4% above the neckline and 2-3% below the neckline would be SL. Targets may be 30% for T1 and T2 will be another 30%.
Sangam Industry looking to breakout of multiyear resistance. With textile industries in focus this can be a good prospect after breakout. Levels to watch is 325
- stock just crossed the strong resistance line and made impulse 5 wave above and closed
- wait for the correction ABC to happen which should retest the support
- entry can be made after correction happens and after price closes above the red line
cup and handle breakout on sangamind retest also complete. after minor trend resistance breakout then entre, target was cup height.
> EDUCATION PURPOSE ONLY
Heading towards North - Impressive chart for upmove - Cup & Handle Pattern
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be...
As a trader one should work hard to find such charts and invest in it and get yourself relaxed. Look at the compression this stock underwent before the break, when it breaks it breaks big that is almost 50 points.
Capturing 50 points move in a stock trading at 50+ while entering the trade is the trick, nail it you will be blessed by the market.
If you find...
