SOUTHERN PETROCHEM, 1D Daily Chart [Rs 60.85] (spic.in)
Price stayed in small compression channel for a month long accumulation
It gave an fake upside break-out during the channel and price returned back to channel
It gave a fake downward break-out at the end of channel.
Price closed at very small doji daily candle below the channel.
Then with very high volume price made a break-out with a candle size 3x the channel.
Price closed above 200DMA
Safe to buy during pull-back when price attempt to retest 200DMA [Rs 58.8]
Fundamental
Market Cap ₹ 1,239 Cr.
Annual Sales ₹ 2219 Cr.
Current Price ₹ 60.8
EPS ₹ 12.3
Stock P/E 4.95
Dividend Yield 0.00 %
ROCE 23.3 %
Sales growth 4.58 %
NPM 8.74 %
Subscribe To Our Free Newsletter |