BSE Targets 4300 Possibility Based on Weekly charts Breakout

BSE Targets 4300 Possibility Based on Weekly charts Breakout.

Fundamentals:

Company is almost debt free.
Company has delivered good profit growth of 65.4% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 41.1%

Technical Analysis:

Weekly chart suggest Breakout from ATH levels. Patterns observed on charts are the CUP pattern & Flag Pattern breakouts.

LTP - 2890

SL - 2700

Targets - 4300+

Timeframe - 12 Months.

Happy Investing.