Just Dial - Buy for 50% upside, Buyback & F&O removal to help
Just Dial is at the verge of a triangular pattern breakout, which would result in 40-50% upside.
The reason it is likely to move on upside is that,
1) the company is doing buyback at Rs700/sh. and the buyback is yet to commence. It is the 3rd buyback in 4 years.
2) Just dial is being removed from F&O series after July expiry, so there cant be any short positions thereafter
3) Valuations attractive. Stock trades at less than 10x PE on trailing basis. Further, stock at Rs 386 has Rs 245 as cash on balance sheet.
The reason it is likely to move on upside is that,
1) the company is doing buyback at Rs700/sh. and the buyback is yet to commence. It is the 3rd buyback in 4 years.
2) Just dial is being removed from F&O series after July expiry, so there cant be any short positions thereafter
3) Valuations attractive. Stock trades at less than 10x PE on trailing basis. Further, stock at Rs 386 has Rs 245 as cash on balance sheet.
手動結束交易
not moving as expected, exit
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。