Long Term Equity Call - GILLETTE 24 Sept 2016

LONG TERM EQUITY PICK - GILLETTE INDIA LTD. (GILLETTE)

CMP - 4472.25

Past 9 months Trend
Currently Forming an INVERTED HAMMER - indicating start of Bullish Phase

1. Moving Averages (50, 100, 200) - Suggest Buying option for long term. Short moving averages, however suggest corrections.
2. Overall Technical Indicators are Neutral.
3. RSI (14) - Suggests buying
4. MACD (26,12) - Suggests buying
5. William %R - Suggests Selling
6. Bull/Bear Power (13) - Suggests Buying
7. Current Resistance level at 4800 with Support at 4400. Expected to break resistance and set new resistance at 5200---5300.

8. 

   Increasing Revenue and Net Income - Good Growth expected in future as well

9. PE Ratio of 68.40 as against Industry PE of 76.52 - Cheaper than other stocks in industry.
10. Cash flow per share of 74.71 is much higher than Industry's 21.99 only.
11. EPs has grown 113.93% in comparison to previous year and has a 5 year EPS growth rate of 19.85%.
12. Dividend Growth rate is 38.12% against industry's 17.03%.

Overall Technically and Financially, go LONG on GILLETTE.

Target 1 - 4800+

Target 2 - 5300+

If falls below 4250, it will go down till its support at 4100 levels.

Keep a watch on your investments since the market is uncertain and highly volatile. The stocks show corrections in Long phases. Patience is key for Long Term investments.

The stock is JUV's Choice for a suitable portfolio and so has been added in JUV Portfolio Two

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