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Krblltd

World's leading basmati rice producer KRBL Ltd trend analysisPrice is moving inside cycle degree 5th wave of super cycle degree 3rd wave. Good time to buy as price is at the initiation of sub wave 3 of 5th wave. 5th wave will end somewhere around 2150 level. As per conventional technical analysis, price bounced from trendline support and price is showing strong bullish divergence with RSI on daily & weekly TF, signifying trend reversal. PE expansion is highly likely with improved OPM in upcoming quarters, price is currently trading near June 2016 levels. A nice 7X possibility is there in long term (2-2.5 years max). Other targets are highlighted as per your investment horizon. Do your own due diligence before taking any action. Peace!!
NSE:KRBLLong
by Swastik24
KRBL is changing gears quickly. KRBL Ltd. operates as a holding company. The firm engages in the export of rice miller and basmati rice. It operates through the following segments: Agri and Energy. The Agri segment supplies rice, Furfural, seed, bran and bran oil. The Energy segment comprises of power generation from wind turbine, husk based power plant and solar power plants. KRBL Ltd CMP 310.20. The positive aspects of the company are Company with Low Debt, Improving cash from operations annual, Zero promoter pledge, FIIs are increasing stake, MFs are increasing stake and Dividend Yield = 1.39%. The Negative aspects of the company are Declining annual net profit, Companies with weak financials and Stocks Underperforming their Industry Price Change in the Quarter. Entry can be taken after closing above 314. Targets in the stock will be 356, 377 and 393. The long-term target in the stock will be 414, 446 and 472. Stop loss in the stock should be maintained at Closing below 258. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
NSE:KRBLLong
by Happy_Candles_Investment