Pidilite Industries
On the technicals,
1) Stock price has been taking support at a Trendline formed over 4 continuous years
2) Inside candle formed in the Weekly Time Frame and price has managed to close above the 30 week moving average
3) Retracement at 0.5% of Fibanocci is on progress. (Fib levels measure from this year low)
4) Stop loss could be 4% with a target of 13% & above from current levels
On the Fundamentals,
1) PE/PB ratios are very high
2) But considerable growth shown in Sales and Profits during First quarter
I observed and highlighted some of the important points by going through technical & fundamental aspects for discussion.
Please highlight if any mistake in the above and share any important point missed out so that i would be enlightening myself in the process of analysis.
1) Stock price has been taking support at a Trendline formed over 4 continuous years
2) Inside candle formed in the Weekly Time Frame and price has managed to close above the 30 week moving average
3) Retracement at 0.5% of Fibanocci is on progress. (Fib levels measure from this year low)
4) Stop loss could be 4% with a target of 13% & above from current levels
On the Fundamentals,
1) PE/PB ratios are very high
2) But considerable growth shown in Sales and Profits during First quarter
I observed and highlighted some of the important points by going through technical & fundamental aspects for discussion.
Please highlight if any mistake in the above and share any important point missed out so that i would be enlightening myself in the process of analysis.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.