Symphony trying to gain rhythm and harmony

Symphony Ltd. CMP – 899
Market Capitalization Rs 6,199.2Cr

Red Flags:🟥
High Valuation (P.E. = 54.4)
MFs are decreasing stake

Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net profit
Improving cash from operations annual

New Happy Candles Number – 60/100

Fresh Entry/ averaging / compounding after closing above 915
Targets: 925 and 940
Long term target: 961
Stop loss: Closing below 825

The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.