Equity Technical Pick - KRBL 18 Sept 2016

Short Term Positional Call - KRBL

Buy KRBL (CMP - 251.10)

Bullish Reversal Doji Formation

High Potential Stock with Lifting RSI and William%R suggest a Strong Buying option.

Strong Financials -

• Increasing EPS year after year - 5 year EPS growth rate of 23.67%

• High Liquidity with Increasing Operational Cash Flows

• Low P/E compared to industry making it a highly potential stock to invest in. (17.52 vs 73.80)

Target (Cash) 275+ (15+%)

Hold for Long Term with a Target of 500+ in an year

Stop Loss 235

Further movement might even lead it to 300+ levels.

Looks weak below 235 only.

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