Inverted head and shoulder on $ASHOKLEY
ASHOKLEY The chart shows that a beautiful inverted head-and-shoulders pattern has been formed on NSE:ASHOKLEY.
Before pattern formation, there was a downtrend in the stock.
This is a reversal pattern.
Some of the key ratios:
ROCE: 15.0 %
ROE: 28.4 %
RoA: 4.42 %
EPS: 8.95
Stock P/E: 25.5
Industry PE: 18.8
PEG Ratio: 6.30
Disc -
1. I don't have a position in it yet, but I will build one today.
2. For educational purposes only.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.