Godawari Power :
Fundamentals :
Company has reduced debt.
Company is expected to give good quarter
Company has delivered good profit growth of 82.92% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 39.10%
Technicals:
Created base around 230-250, getting bounce from these levels, can accumlate some at CMP and more if it comes near 230-250.
Can add more above ATH.
Also bounced from 100 Period MA
Investors can hold without SL, if one must, SL is 170 Closing basis.
Saptarish Trading.