It's Cup & Holder Pattern.....
MACD signal is bullish...
RSI is somewhat nearer to 60...
Fundamentals are excellent...
Active Ratio - 2.86
Company is debt free
ROCE is 25%
Pledging is zero.
Free cashflow is 71.64cr.
It Should be in watchlist......
Risk takers can buy it..
One threat is there is formation of evening star...
MACD signal is bullish...
RSI is somewhat nearer to 60...
Fundamentals are excellent...
Active Ratio - 2.86
Company is debt free
ROCE is 25%
Pledging is zero.
Free cashflow is 71.64cr.
It Should be in watchlist......
Risk takers can buy it..
One threat is there is formation of evening star...