Supply and Demand Strategy - Eureka Forbes

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In this Supply and Demand Strategy, spotted reversal and waiting for breakout confirmation (above 584) for the target of 650/655 with stoploss 560

Eureka Forbes is trading 2.19% upper at Rs 575.10 as compared to its last closing price. It has been trading in the price range of 578.05 & 550.85.

Eureka Forbes has given -4.92% in this year & -1.08% in the last 5 days and it has TTM P/E ratio 67.51 as compared to the sector P/E of 26.99.

The company posted a net profit of 38.68 Crores in its last quarter.

== EDUCATIONAL PURPOSE ONLY ==

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