Eid Parry - Breaking 5 Months Consolidation Phase

3 Des

It has diversified business including sugar which have demand because of ethanol .And Other include nutraceuticals and bio-pesticides.

We have seen massive rise in OPM in recent quarterly results.

FIIs as well as DIIs haven't reduce their holding in September quarter.

Technical Setup:- Trying to break its 5 Month consolidation phase if closing above 880 Levels.
- RSI being at 57.37 suggesting positive momentum.


Disclaimer: The information provided in this analysis is for educational and informational purposes only and should not be considered as financial advice. I am not a SEBI-registered analyst or financial advisor. The views expressed here are my own and are based on my understanding and interpretation of the market. Please conduct your own research or consult with a qualified financial advisor before making any investment decisions. Investing in the stock market involves risks, and past performance is not indicative of future results.