TTK Healthcare Ltd - A multibagger !!Hey Guys!
I have found yet another multi-bagger for you all investors.
It is TTK Healthcare Ltd. - a 96-year-old company.
This stock is trading at a PE below its 5-yr average PE. It is a debt-free company and makes consistent profits as well.
This stock has shown consistent support at Fibo level 1. It has also made a beautiful rounded bottom chart pattern on a high time frame.
It is due for breakout to reach our targets.
I believe that it is good for following targets
T1- 1725
T2- 1850
Time Horizon - 12-15 months.
Happy Investing!!
Stay tune for next Idea
TTKHLTCARE trade ideas
TTK Healthcare Ltd.*TTK Healthcare Ltd.*
Cup & Handle Formation: Weekly / Monthly Basis
Volume Break-Out. Price Break-Out & Retraced: Likely to see Upside again with markets stabalising.
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Sound Company*
Engaged in Pharmaceuticals / Consumer Products / Medical Devices / Protective Devices / Foods.
Revenue Increasing - Qtrly / Yrly Basis. Profitability rising / Stable levels. Improving TNW / Low Debt Levels. Improved Operating Cash Flows. High Promoter Holding. Constant increase in FII stake since Mar'21. Dividend Paying Co.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)