MoneyMentors

Chennai Petro - Multi Year Breakout

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MoneyMentors 已更新   
NSE:CHENNPETRO   CHENNAI PETRO CP
Cant Miss this Breakout !!!

Look Closely Counter is breaking multiyear High of Nov 2007 and Oct2017. Forming a Double Bottom as well in this Process.

The Oil & Gas Index has also given a monthly Demand Zone Pull and the Index itself is moving +500 Points. This is supporting my logic

Should go a Long way if the breakout above 445 sustains.

Take entry at CMP 441-445
T1 - 478 shorterm
T2 - 557 midterm
T3 - 700 Long Term
SL - 424

Fundamentals for Value Investors

  • Strong Annual EPS Growth
  • High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • High growth and High Return on Equity (ROE) with Low PE ratio
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Strong Momentum: Price above short, medium and long term moving averages
  • Annual Net Profits improving for last 2 years
  • FII / FPI or Institutions increasing their shareholding

交易結束:達到停損點:
SL Hit however there is a dividend declared for Rs27/-
評論:
Meeting Target one today 478
評論:
Met Target 557. Seen 606 on charts
交易結束:目標達成:
Target Hit of 700 from 440 Levels

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