Abhi_Katkar

SATIA INDUSTRIES, Fast growing but still Undervalued Paper stock

Long
NSE:SATIA   SATIA INDUSTRIES LTD
SATIA Industries is looking good on weekly chart...
CMP 145..

Chart attached shows good position building..
Its a weekly chart and candle is not closed, So I am kind of preempting further move.
SL below 131 DCB for short term trade, and 114 for positional/medium term trade.

Fundamentals are very good for this company and hugely undervalued.
CWIP+Just completed expansion will contribute to more than 20% in next year's revenue...
PE is just 6 and intrinsic value of more than 360 as per screener.in



P.S. :- I am not SEBI registered analyst,
This post is for educational purpose only.
DYOR or consult your financial advisor before taking any action on this post.
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