Tuesday, April 7, 2015

VTL - Rs.570/- Vardhman Textiles Ltd has made an all time high today. It seems the stock can easily move places from current levels. It has Made an all time high in june move towards 500 levels then came back and took support exactly at the break out level and then started to move up the volumes on break out were heavy indicating that the investor interest is slowly coming into the stock. Fundamentally the company has fantastic financials its profitability has been increasing trend over last 10 years and except for TTM where in the profitability has come down. But its is a consistent dividend paying company. Stop Loss at break out level around Rs.400/-

Mahiidar M
Enjoying Life
Trend is Freind

No comments:

Post a Comment