SIS trade ideas
SIS SIS Limited - Buyback approved
Buyback Price : 550
Today Closing price : 425.75
Buyback Size : 18,18,181 shares (100 crore ₹)
Retail Quota : 2,72,728 shares
Record date : Not yet announced
Only for Educational Purpose.
Long on SIS,Bottom formation is complete in SIS, may go long on this with stop loss of 340, target of 445
SIS_LONG_TARGETS TILL 550details mentioned in chart itself, shared long term view..having some minor support around 440 levels over all good stock to buy having targets till 550 levels
1171. Short term swing tradeSL compulsory
buy at double bottom at 850 Sl of 5%
but fair intrinsic value is 320 to 350 for long term investment, if market provide that chance in next year.
debt to equity ratio is approx 80%
promoter 74% and DII and FII approx : 17%
SIS - Bullish rectangular breakoutSIS.
CMP 1323
Stop 1175
Target 1500 plus (length of the consolidation zone).
Daily chart
Stock has broken out of the rectangular consolidation with above average volumes.
