Multibagger potential : Just follow the trendGHCL Textiles is a steal at this price. Keep trailing SL with uptrend.
Initial stop loss 82 with daily closing basis.
Company is almost debt free.
Stock is trading at 0.66 times its book value
GHCLTEXTIL trade ideas
Trendline Breakout in GHCL TextilesTextiles sector is booming from the past one month. Ghcl Textiles has given Breakout and it will move in next few quarters. This could be considered for mid term holding, my target would be 200 in the next 5-6 months.
Good Consolidation and breakoutGHCLTEXTIL
Textile sector stock which consolidate in a range from past 6 months and give a breakout on weekly & Monthly TF. Here i expect a good move with a small SL and First target 25%.
NOTE: We are not SEBI registered. It's for knowledge purpose only. Consult to your financial adviser before take any trade.
