CMP 881. could go up to 1098-1100. Stock under minor correction and near support level. making higher high and higher lows. could be a good entry at about 860-880 with sl at 843. stock has resistance zone at 960-980. stock is having a history of decreasing volume period(consolidation) followed by high volume spikes with increase in share price. P/E is only 12.27 compared to industry average of 32.36, which is also favourable.. Also company has a good dividend history (200-250%) YOY.
disclaimer: pls do ur own study before investing. this is not a recommendation to buy but my opinion only
disclaimer: pls do ur own study before investing. this is not a recommendation to buy but my opinion only