GEOJITFSL trade ideas
Geojit Financials Technical analysisGeojit financials seems to be a good fundamental company looking at the balance sheet.
Also technical analysis is showing strong upmove.
Disclaimer : Above information is for educational purpose only . Any trade taken will be at your own risk.
GEOJIT FINANCIAL SERVICES :: BULLISHDATE: 19 MAY 2021
INSTRUMENT: GEOJITFSL
TREND: BUY
TIME FRAME: 3HRS
CMP: 70.20
BUY ABOVE: 72.60
STOP LOSS: 68
TGT 01: 80.45
TGT 02: 84.35
DISCLAIMER:
We are not S E B I registered analysts. Please consult your personal financial advisor before investing. We are not responsible for your profits/losses whatsoever.
Clear Breakout with VolumeGeojit Financial Services is Breaking out with good Volumes in the last week. The stock was in Accumulation phase since last 1 year and the breakout is happening on the upside now
Clear Breakout with VolumeGeojit is having a clear breakout from a long consolidation phase. Accumulation is so strong shown by Volumes in the last week
Break-out at current levelMarket Cap₹ 1,452 Cr. Current Price₹ 60.8
High / Low₹ 63.2 / 14.9 Stock P/E13.8
Book Value₹ 23.5 Dividend Yield2.47 %
ROCE14.3 % ROE9.65 %
Face Value₹ 1.00 Industry PE9.16
Debt to equity0.04 EPS₹ 4.43
PEG Ratio-1.63
Promoter holding62.2 % Pledged percentage0.00 %
Return over 1year178 % ROE 3Yr9.39 % ROE 5Yr9.45 %
Breakout GeojitA debt free company brought a breakout with good volume. Good profit for quater 3 expected. Stop loss of 48. 3 month to 1 year holding period.
