PANAENERG BSTBig breakout of very longterm resistance
took medium sized position
mcap 315cr
cmp 420 vs book value 130
stock pe NA vs industry pe 60.4
dividend 0
debt to eq 0.01
promoter holding 58.06% CONSTANT from MARCH 2017
PANAENERG trade ideas
Panasonic Energy India Ltd - 17.12.2021Panasonic Energy India Ltd - 17.12.2021
The stock is trading @ 327 levels
There is a crucial resistance zone @ 339 levels
prices are above EMA
Hammer @ Support Zone
watch out for the price action
PANAENERG - Panasonic Energy - target UpdateCalled out on 24 Aug for a Triangle Breakout. Congratulations to those who took the call.
Stocks seems to be consolidating.Not a buy Recommendation however, Above 217, Stock should zoom to 250+ and then 290+
Stop should be below 190 to 188.
