SMLISUZU
SML Isuzu is looking in good momentumSML ISUZU is a commercial vehicles manufacturer which manufactures buses, ambulances and customized vehicles. Negative aspects being net Profit of the company was seen decreasing in the recent results. Positive aspects being improving cash flow, FIIs increasing stake and Zero promoter pledge. Entry in the stock can be taken after closing above 816. Target for the stock will be 859 and 891. Long term target in the company can be 976. Stop loss in the stock should be kept at closing below 750.
SMLISUZU: 52 Week High BreakoutCMP: 860
- Breakout after a small consolidation near the 52-week High zone
- Sailing with 21 EMA
SML ISUZURSI > 50
EMA 20, 50 And 200 Support
Rounding Bottom Pattern Formation - Upwards
Target: 900
Close Above 903 --> Rally (after retest at 730)
