Rajesh Exports Ltd is a manufacturer of Gold and Gold Products.
Company is almost debt free.
Stock is trading at 1.06 times its book value.
its has formed bottom.
but its balance sheet is good giving proper year on year profit.
considering abt technical chart price is below 200 day,50day, 20day moving averages.
perfect time to buy AS MUCH INCREASE IN VOLUME AS WELL IN LAST FEW MONTHS.
RECENTLY BREAKOUT SEEN AS WELL.
CURRENTLY ITS ON 540
TECHNICAL TARGETS WILL BE T1- 620 T2-660
FINAL LONG TERM TARGET NEAR TO ALLTIME HIGH WILL BE T3-940
one shuld keep patients till final outcomes!!!!
Company is almost debt free.
Stock is trading at 1.06 times its book value.
its has formed bottom.
but its balance sheet is good giving proper year on year profit.
considering abt technical chart price is below 200 day,50day, 20day moving averages.
perfect time to buy AS MUCH INCREASE IN VOLUME AS WELL IN LAST FEW MONTHS.
RECENTLY BREAKOUT SEEN AS WELL.
CURRENTLY ITS ON 540
TECHNICAL TARGETS WILL BE T1- 620 T2-660
FINAL LONG TERM TARGET NEAR TO ALLTIME HIGH WILL BE T3-940
one shuld keep patients till final outcomes!!!!