Good Funadmentals
Company has reduced debt.
Company is almost debt free.
Company has delivered good profit growth of 29.4% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 43.7%
Company has been maintaining a healthy dividend payout of 34.4%
Good to accumlate around 620-720 for long term investment.
SL 500...
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.