Wednesday 21 September 2016

Technical Equity Call - Jubilant Life Sciences 23 Sep 2016




Jubilant Life Sciences (CMP - 620.80)





Short Term Delivery Call 


After giving three black crows it had a Bearish Reversal. Expected to move further up.



Technical Indicators - 
  • RSI(14) - Indicates Buying
  • MACD (12,26) - Indicates Buying
  • William %R - Indicates Buying
  • Moving Averages - Indicate Buying
Overall Technical Indication makes it a buy stock.

Financial Indicators - 
  • P/E Ratio of 21.78 vs Industry P/E of 50.33 makes the stock cheaper than others.
  • 5 year EPS growth rate - 5.25%
  • Wit gross margins less than industry's gross margin, it makes EPS of JUBILANT (26.97) lower than Industry EPS of 45.71. But with a good growth rate and lower PE, the stock has a huge potential.


Buy Jubilant Life Sciences - Above 630 


Stop loss 593


Target :  645---650


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