Finitex Chemical Ltd
Technical Analysis
-Stock is Trading above 9 EMA in daily Chart.
- Retested the BREAKOUT of Dec 2022
- Reversal candle Supported by Volume
-Respecting Trending Since Nov2021
-Red areas are Weekly Supply Zones
Fundamentals Analysis
- This is Growth STOCK with high PE of 35
- ROE & ROCE above 30%
-Topline & Bottom line of P&L is Superb
-Presence of HNI, FII & DII here
- Healthy Promoters holding of 65%.
Shaikhoology's View
Technically - Bullish, more upsides above WSZ
Fundamentally - If Growth Continues then Valuations will be attractive and multibaggar story unfolds.
Disclaimer - I am not SEBI REGISTERED ANALYST, Shared for educational purposes only. DYOR
If you like my analysis then support this analysis, share your views below in comments.
Technical Analysis
-Stock is Trading above 9 EMA in daily Chart.
- Retested the BREAKOUT of Dec 2022
- Reversal candle Supported by Volume
-Respecting Trending Since Nov2021
-Red areas are Weekly Supply Zones
Fundamentals Analysis
- This is Growth STOCK with high PE of 35
- ROE & ROCE above 30%
-Topline & Bottom line of P&L is Superb
-Presence of HNI, FII & DII here
- Healthy Promoters holding of 65%.
Shaikhoology's View
Technically - Bullish, more upsides above WSZ
Fundamentally - If Growth Continues then Valuations will be attractive and multibaggar story unfolds.
Disclaimer - I am not SEBI REGISTERED ANALYST, Shared for educational purposes only. DYOR
If you like my analysis then support this analysis, share your views below in comments.
