Long
NATIONAL PEROXIDE - A POSSIBLE HIGH PROBABILITY MULTIBAGGER
4360
long suggested above 4600
Technicale rationale :
VCP in progress accompanied with volume contraction. Possible expansion in coming trading days.
Price resting at support , quarterly pivot zone.
A break above 4600-4675 zone confirms the completion of vcp breakout.
stop suggested at 4100 once long activated.
Fundamental rationale:
Fundamentals
dec 17 / mar 18 / june 18 / sep 18
Sales growth 30.85% 58.64% 53.70% 94.69%
Op. Profit growth 139.28% 247.50% 134.36% 199.18%
Net Profit growth 162.94% 621.66% 137.10% 192.74%
Operating profit
margin 45% 59% 62% 65%
Operating cash flow YoY annual growth (mar 2018) 59%
Debt to Equity : Nil
Promoter holding : 70%
long suggested above 4600
Technicale rationale :
VCP in progress accompanied with volume contraction. Possible expansion in coming trading days.
Price resting at support , quarterly pivot zone.
A break above 4600-4675 zone confirms the completion of vcp breakout.
stop suggested at 4100 once long activated.
Fundamental rationale:
Fundamentals
dec 17 / mar 18 / june 18 / sep 18
Sales growth 30.85% 58.64% 53.70% 94.69%
Op. Profit growth 139.28% 247.50% 134.36% 199.18%
Net Profit growth 162.94% 621.66% 137.10% 192.74%
Operating profit
margin 45% 59% 62% 65%
Operating cash flow YoY annual growth (mar 2018) 59%
Debt to Equity : Nil
Promoter holding : 70%
Trading is my passion.
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.
Trading is my passion.
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.