SHANKARA trade ideas
InvestmentpickShankara Building product*Fundamental highlights of company*
-Overbought by Money Flow Index (MFI)
-Growth in Net Profit with increasing Profit Margin (QoQ)
-Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
-Company with Low Debt
-Increasing Revenue every quarter for the past 2 quarters
-Increasing profits every quarter for the past 2 quarters
-Book Value per share Improving for last 2 years
-Company with Zero Promoter Pledge
-FII / FPI or Institutions increasing their shareholding
-FII/FPI have increased holdings from 23.65% to 23.68% in Mar 2021 qtr.
-Institutional Investors have increased holdings from 27.98% to 28.01% in Mar 2021 qtr.
Shankara Building Long Trade ActiveThis is only for Educational purpose. Do your own analysis or consult your financial advisor before placing an order.
Levels are marked in the chart.
Shankara buildingIt will move very fast to reach 1000 if it will sustain at current label. Can buy with stop loss around 450 on closing basis. So can buy on dip.
