PANACEA BIOTECH Bearish or Bullish ??1. With sharp fall in the script price , it has well corrected to its low , and is at confluence of Moving averages and ll time Volumteric base at current levels
2. SII has increased stake in Jul 21 , results coming up in Feb , Good stock to keep for 2-3 months target .
3. Effectively using its capital to generate profit - RoCE improving in last 2 years
4.Growth in Net Profit with increasing Profit Margin (QoQ)
5.1 Day: Delivery volume increased by 375.41% over 5 day average , Watchout for volume increase and buy above 200 levels stop loss below 165 target 380+ good risk reward bet
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Note : i am not Sebi registered do your analysis before investing
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