SCI Divestment View for Education purpose.. take position with SL as per your risk profile. Price to Book Ratio is 0.64 approx and govt plans to sell stake for budget income hence good upside ahead. Also, price run so far is genuine since FII are not in SCI and Govt holds majority stakes and Market float is less. Forming Double Bottom and trading level 99-100 is...
Meghmani targets supports resistances 73.95, 77.45,88.33, 93.25, its long term bull phase started. Its going to also get benefitted from demerger, Import restrictions on product categories.
Keep watch on your profit booking targets in near term or hold for long term .
Do let me know your views on the same.
Enjoy investment, do your own analysis always to...
Disclaimer: Analysis for educational purpose, Long View for investment.
On weekly chart nice Head and Shoulder pattern above Resistance Lines long view and upward trend.
Laksmhi Machines is diversifying into Aero Space and Defence sector too! Bullish on its future course.
Do your own analysis and take well inform decision.