Stop loss 170
In weekly chart.
Good prospective for future electric vehicle concept.
Risk: Dumping from china is creating heavy competition.
Debt free company
Life time PE average 23.
No pledged share
Stop loss 1200
Target 2 = 2400
Consumption story is very strong in India. According to darvous theory there is trend reversal. Company deals with chicken product and is the major supplier for KFC in india. It has tied up with branded restaurants in India. Good volume is showing a strong trend.
This info is only for educational purpose.
Stop loss 39
1st traget 66
2nd target 90
Breakout in chart with good volume. Debt free company. Promoter share has decreased from Dec 2019.
Bullish flag pattern can be observed. Dravous thepry also applicable. Seems like mutual funds has accumulated stocks at lower level. In volatile market trade with caution.
This information is only for educational purpose.