It deals in edible oil and food and other FMCG products.
Debt is less than reserves.
Promoters holding is good & No promoters pledged.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Supports are marked as green horizontal lines.
Price Breakout from Resistance trendline on weekly chart with good volume.
Breakout is supported by volume.
But expecting some lower level for long term accumulation like = 325 to 225 only.
Positional & Long Term Levels:-
Buy 325 - 280 - 225
Stoploss 200
Positional Tgts 415 - 500 - 540
Long Term 625 - 725 - 820
Swing Trade Levels:-
Buy above 415
Stoploss 380
Tgts 500 - 540
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Debt is less than reserves.
Promoters holding is good & No promoters pledged.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Supports are marked as green horizontal lines.
Price Breakout from Resistance trendline on weekly chart with good volume.
Breakout is supported by volume.
But expecting some lower level for long term accumulation like = 325 to 225 only.
Positional & Long Term Levels:-
Buy 325 - 280 - 225
Stoploss 200
Positional Tgts 415 - 500 - 540
Long Term 625 - 725 - 820
Swing Trade Levels:-
Buy above 415
Stoploss 380
Tgts 500 - 540
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.