PrasantaP

COSMOFILMS chart say pick me pick me

Long
NSE:COSMOFILMS   None
1.#COSMOFILMS Weekly chart trading above the Liftetime high and if is sustain above 470.00 ,we can see up move towards 650.00/700.00 level as per chart pattern with the help of 425.00 support level .

2. Multi year high breakout with rounding bottom pattern and high volume .
3. Cosmo Films is engaged in the production of flexible packaging films. Company products are majorly BOPP Films, Thermal Films and Coated Films.
4.Stock is trading at 1.16 times its book value .
5 .Stock is providing a good dividend yield of 3.34%.
6. Debt/Equit Ratio is 1.05 .

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