Rectangle Channel Breakout : Buy for 50-60% Return

PENNAR INDUSTRIES LTD
Group / Index : B / S&P BSE SmallCap

Face value : 5.00 

Industry : Iron & Steel/Interm.Products

LTP 54.50

1.Rectangle Channel Breakout.

2.Long Term(1year) Resistance Breakout.

3.MACD is above 0. 

4.Stock is Trading above all Important Moving Avg.

5. Net Sale Per share of stock is 82. 

6.Debt to Equity is below 1 i.e 0.54.

 Watch Near 54.5-51.50 with SL 44CB for Target 82+

#Disclaimer : If you trade stocks, you do at your own risk. Trading/Investing in stocks carry high risk. Any trade or action you take in the market is your own responsibility. stockstudy8.com will not be liable for any loss arising out of the use of any information on the website by anybody.