Fundamentals: * ROCE - 19.4%, ROE - 18.4%. Debt to Equity - 0.21 * EPS / Revenue - has been steadily increasing * FII/FPI have increased holdings from 0.56% to 0.90% in Dec 2024 qtr. * Institutional Investors have increased holdings from 0.57% to 0.92% in Dec 2024 qtr. * Promoters have increased holdings from 35.33% to 36.32% in Dec 2024 qtr.
Technicals: * Bullish Candlestick Patterns - Closing Marubozu Uptrend / Long Line Uptrend * Weekly Chart shows that 10 WEMA is crossing above the 20 WEMA * On daily chart, there is a low risk entry available * Two days of green candles Price is forming a tight action and emerging from a cup formation * Volumes had declined while consolidating and with up move are now showing signs of increase * RVOL and ADR is great and spiking * Relative strength is strong / Momentum indicates steady maintenance / ADR is 5.8% and indicating up move
Good for positional trade. SIP type entry considering that market is pretty crazy as of now.
Note - Entry / SL / Target / Position size - Please figure out on your own based on risk appetite Disclaimer - Your money requires your due diligence! I merely analyze and bring out probabilities. All the best.