Acrysil Ltd

Fundamental :
The stock is listed at BSE. The company is leading manufacturer of composite quartz and granite kitchen sinks in India (Sector: Plastic Products).Mr Ashish Kacholia has substantial holding in his company.

In term of valuation, the stock is overvalue with MCAP of Rs1600 cr and respect of growth it is average in nature.

Technical:
The stock is continuously in uptrend, after given break on 21'May'21 (1.Breakout Level) and multiple rally of 12%, 25% and 15%, stock is again consolidated in "INSIDE CANDLE" with channel pattern support & resistance

Advise:
The fundamentally we may avoid the stock but technically it will be advisable to accumulate in small lot and add more qty break out level.

Keep an stop loss of Rs 588.

Note: Suno sabki, karo apne man ki

Pernyataan Penyangkalan