Sakuma Exports Ltd - A multibaggerHi there,
Sakuma Exports Ltd is taking good support on 0.786 Fibo levels and has also recently created a good demand zone.
A debt-free stock.
It is also trading below its 5-year average PE.
A good level to enter into this stock with a time horizon of 6-8 months for a target of INR 42 as T1 and INR 49 as T2.
All the best!
Sakumaexports
6 MONTH HOLD FOR DOUBLE DIGIT RETURNSSakuma is a small cap textile company, company is trading at 14-15 levels which was very attractive levels for accumulations..
The target for sakuma is 25-30 levels for midterm hold.As company is working in textile segment it can face difficulties for 1-2 quarters
but after that this become rocket which not come in hand so, this is best time for entering for double digit returns
Everyone should have tight stop loss of Rs.13
Note : This is my analysis please do your own analysis