VINATI ORGANICS - HIGH PROBABILITY SETUPA) Prior trend top
B) First bottom after correction from high.
C) Pull back from first bottom.
D) Second bottom that undercuts first bottom which is an
ideal setup of a double bottom as per William O Neil .
Price retracing back to hold 10 week ma.
E) Pivot point for a possible buy. 1680 plus. Stop 8% below buy point.
Fundamentally,
YoY quarterly EPS growth has been witnessing triple digit
growth in the last three quarters.
Decent RoE at 18%.
Postive operating CFs.
74% promoter holding.
Institutional holding 4%.
d/e nil.
