The study...is based upon Volume Price Spread Analysis and Momentum
Melewar has shown both Trend Breakout with Momentum
Close: 0.60
EP: 0.62<
SL: 0.52/0.47
TP: 0.69/ 0.77/0.81/open
*The last 2 Quarters the Company had shown consecutive increment in both Revenue and Net Profit. The current NTA stands at 0.96 which is more than 30% discount.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
Melewar has shown both Trend Breakout with Momentum
Close: 0.60
EP: 0.62<
SL: 0.52/0.47
TP: 0.69/ 0.77/0.81/open
*The last 2 Quarters the Company had shown consecutive increment in both Revenue and Net Profit. The current NTA stands at 0.96 which is more than 30% discount.
Disclaimer: This study does not constitutes Buy/Sell per say. Please consult your financial advisor before making any trading/investing decision
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