Happy_Candles_Investment

Nitin Spinners evolving as a long term story.

Long
NSE:NITINSPIN   NITIN SPINNERS LTD
Take Fresh Entry above 278 closing in Nitin Spinners. The targets will be 294 and 306 for now. Keep a trailing stop loss at closing below 230.

MFs are increasing holding in the stock. FII are increasing hold in the stock dramatically. EPS of the company increasing. Zero Promoter Pledge. PE is 5.3 so the valuations are excellent. Only negative is cost on projects that are under execution is increasing.

Looks like a Good Strong Long Term Story Which Is Evolving.

Happy Candles Investment
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