Sakuma Exports Ltd - A multibaggerHi there,
Sakuma Exports Ltd is taking good support on 0.786 Fibo levels and has also recently created a good demand zone.
A debt-free stock.
It is also trading below its 5-year average PE.
A good level to enter into this stock with a time horizon of 6-8 months for a target of INR 42 as T1 and INR 49 as T2.
All the best!
SAKUMA trade ideas
SAKUMA BREAKOUT CANDIDATE READY TO FIRESakuma export after 1 year breakout the level of 20.90 & close above today so any dip can buy this counter with strick closing below sl 18 for the target of 23.75-24.90-27.50-29
After 29 review more......
K.N: Before invest kindly take the advise from your financial planner...
6 MONTH HOLD FOR DOUBLE DIGIT RETURNSSakuma is a small cap textile company, company is trading at 14-15 levels which was very attractive levels for accumulations..
The target for sakuma is 25-30 levels for midterm hold.As company is working in textile segment it can face difficulties for 1-2 quarters
but after that this become rocket which not come in hand so, this is best time for entering for double digit returns
Everyone should have tight stop loss of Rs.13
Note : This is my analysis please do your own analysis
keep an eye on this penny stock, with a strict stop loss of 9.50may give a break out. on either side. if upside- 20 is possible if downside- 9.50 will be retested, in very extreme situation 8.50 may be touched. but most likely it will break out on upside and will scale 20/22. this chart and analysis is for education only. consult your financial advisor in such high risk high reward bets.