Sunday, 14 August 2016

Buying a Stock Near Re-test of 8 year Cup&Handle Breakout

Goldiam International   


About Company:
Goldiam International Limited is an India-based manufacturer and exporter of studded gold and silver jewelry. The Company's operating segments include Jewellery, Investment Activity and Others. The Company is also engaged in manufacturing diamond jewelry and exporting to the United States, Europe and other countries. The Company's products include engagement rings, wedding bands, anniversary rings, bridal sets, fashion jewelry earrings and pendants, fashion jewelry and necklace and earrings. The Company's subsidiaries include Goldiam Jewellery Limited, Goldiam USA, Inc. and Diagold Designs Limited

LTP 71
1.Stock has given 8 year Cup&Handle Pattern Breakout.
2.Stock is Trading above All Major Moving Avg.
3.Monthly MACD Above 0. 
4.Company has been maintaining a healthy dividend payout of 18.37%
5.Buy on Retest of CupHandle Breakout level. 

Buy near 60/55 SL below 48.5 CB Target 180+
Short Term Target 103+

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