Largest Producer of Shrimp feed Stock has given breakout

Hello Guy's i hope you all will be doing good in your life and your trading as well, i have brought another stock which has given breakout of triangle pattern and price is sustaining above the breakout zone, stock has given huge volume spike while breakout, it means there is higher probability for upside from here, short term to long term bet can be bet from here. Stock was consolidating in Triangle pattern from long time, finally it has given breakout with huge volume.

Technicals:- MACD AND RSI is showing bullish crossover (I have not put indicators here, but i have done analysis on that)
Price is above 200-DEMA in all major timeframes.
Good spike in volume supporting the breakout

Market Cap
₹ 8,385 Cr.
Current Price
₹ 615
High / Low
₹ 647 / 377
Stock P/E
23.5
Book Value
₹ 174
Dividend Yield
1.02 %
ROCE
21.2 %
ROE
16.0 %
Face Value
₹ 1.00
Industry PE
33.8
Debt
₹ 16.5 Cr.
EPS
₹ 26.2
Promoter holding
43.2 %
Intrinsic Value
₹ 326
Pledged percentage
0.00 %
EVEBITDA
12.9
Change in Prom Hold
-0.03 %
Profit Var 5Yrs
6.55 %
Sales growth 5Years
9.01 %
Return over 5years
11.3 %
Debt to equity
0.01
Net profit
₹ 394 Cr.
ROE 5Yr
16.8 %
Profit growth
33.2 %

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

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AVANTIFEEDbullishtrianglepatternbreakoutChart PatternsfeedTechnical IndicatorsinvestandforgetinvestinglongterminvestingseafoodshrimpStocksTrend Analysis

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