naraykln

Balaji Amines Flag Breakout 2X

Long
naraykln Aggiornato   
NSE:BALAMINES   BALAJI AMINES LTD
Balaji Amines breakout after 2.26Y. Can expect 2X from current price. Weekly volume is above the average. Daily volume at breakout isn't much convincing. But 15min volume at breakout was good. Maybe for safer side, one can add above 2440. Can wait to retest at breakout maybe around 2350-2360.
Commento:
Increased position
Commento:
QoQ Sales, Net profit is positive. YoY Sales, net profit is negative. Sector reviving. Domestic sales yet to pickup. QoQ Sales was marginally positive. Let's see how market reacts.

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