Gulf Oil Lubricants Ltd - Breakout
Diupdate
#GULFOILLUB
CMP ₹. 684/-
An undervalued stock with promoter holdings more than 70% . Low debt company with zero promoter pledge. ROCE & ROE improving. Sales & profit increasing YoY with positive cash flow and also company is providing a healthy dividend payout. Eventhough there is a little bit decrease in the promoter holdings , FIIs are increasing their stake. Technically also looking good. Breakout happened against 6 year long resistance trend line. Chart is self explanatory.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
CMP ₹. 684/-
An undervalued stock with promoter holdings more than 70% . Low debt company with zero promoter pledge. ROCE & ROE improving. Sales & profit increasing YoY with positive cash flow and also company is providing a healthy dividend payout. Eventhough there is a little bit decrease in the promoter holdings , FIIs are increasing their stake. Technically also looking good. Breakout happened against 6 year long resistance trend line. Chart is self explanatory.
Disclaimer : Post only for educational purpose. Not a buying / selling recommendation. This is only my personal view. I am not a SEBI registered analyst . Do your own analysis and act accordingly .
Trade aktif
Stoploss @ ₹.610/- levels. Hopefully bounce back
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.