Tuesday 2 February 2016

SJVN: LongTerm Cup&Handle Breakout

SJVN

BSE: 533206 | NSE: SJVN | 
SECTOR: POWER - GENERATION & DISTRIBUTION

LTP 29

Buy Near 26.5-24.5 SL21 Target 40/55++

Technically Stock Retesting Long term Cup&Handle Breakout.

Fundamentally :
- Stock is trading at 1.09 times its book value
- Stock is providing a good dividend yield of 3.55%.
- Company has been maintaining a healthy dividend payout of 32.18%


For Technical Analysis Training.  
Cont: stockstudy8@gmail.com


Disclaimer :The Above view is purely for educational purpose. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers.