Vinati Organics Limited
Pembelian

VINATI ORGANICS - HIGH PROBABILITY SETUP

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A) Prior trend top
B) First bottom after correction from high.
C) Pull back from first bottom.
D) Second bottom that undercuts first bottom which is an
ideal setup of a double bottom as per William O Neil .
Price retracing back to hold 10 week ma.
E) Pivot point for a possible buy. 1680 plus. Stop 8% below buy point.

Fundamentally,
YoY quarterly EPS growth has been witnessing triple digit
growth in the last three quarters.
Decent RoE at 18%.
Postive operating CFs.

74% promoter holding.
Institutional holding 4%.
d/e nil.


Pernyataan Penyangkalan

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