Wednesday 30 November 2016

Technical Equity Pick - VAKRANGEE 30 Nov 2016

EQUITY PICK - VAKRANGEE

CMP - 276.35
Past 6 months Daily Trent - Bull Rider



BUY VAKRANGEE (CMP - 276.35)


Past 2 years weekly trend



Open call!

Target 1 - 330+



Corrections  expected thereafter 


then Target 2 - 400+



Technical Indicators - 
  • Moving Averages (5, 10, 20, 50, 100, 20) - Suggest Buying
  • RSI (14) - Suggest Buying
  • MACD (26, 12) - suggests buying
  • William %R - Suggests Buying
Overall Technical indictors give a Buy Signal. And this stands for both daily and monthly indicators.

Financial Indicators -
  • Has shown an impressive growth in terms of Revenue and Net profit during past 4 years (Pic above).
  • Improving Operational Cash Flows indicate a good operative working.
  • Other Financial ratios like PE, EPS, revenue per share etc are not good in comparison to average industry's ratios.
Overall Financial Ratios indicate buying for a short period.


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