Rectangular Price Target may approach towards All Time High level.
Fermenta Biotech Ltd FBL, incorporated in 1986, has two business segments; i.e. manufacturing of active pharmaceutical ingredients (APIs) and lease rental business for commercial properties developed in Thane. It is the only manufacturer of Vitamin D3 in India
Sector: Chemicals HP Adhesives Limited is an adhesives and sealants company. Market Cap 1,117 Cr., Stock PE 59.8, Company is almost debt free. CONS: Stock is trading at 7.07 times its book value
1. RSI (D/W) - >60 2. RS55 - >55 3. MACD - Positive 4. Trading - >5/20/50/200 DMA 5. Volume & Delivery >Above Average 6. Sentiment - Govt pushed the sector 7. Pattern - Cup & Handle BO Worth to study ahead for upside potential 34%
Relatively strong stock, WRSI need to sustain above 50.
Strong Stock, Relative Strength Index is very good, Nice Chart Setup.
Strong Relative Strength, RSI Daily>60, MACD > Positive and good consolidation on Reality Stocks
RSI >60, Swing BO, RS - Positive Ready to move for next 10% move.
Near the ATH, Ascending Triangle BO , Daily RSI >60, RS is positive, a good buisness.
ATH Breakout Expected 750 - 933, SL - Weekly ST (Closing Basis), RS - Outperform Market Cap ₹ 2,356 Cr., ROE 26.6 %, ROCE 35.0 %, Debt to equity 0.15, Profit growth 95.4 %, Market Cap to Sales 1.35, FII- Increasing, Promoter - Increasing