Time Frame taken for study - Monthly Study - 1. Downtrend Line broken with continuous increasing volume 2. Resistance near 162 3. After a fall, consolidation seen with some volume spikes
Resistance or Targets - 1. 182 2. 216 3. 272
Supports or Stop Loss 1. 120 (dip till) 2. 100
Fundamental Study
Market Cap - ₹ 13,704 Cr. Stock P/E- 17.0 Book Value- ₹ 20.0 Dividend Yield-4.69 % ROCE-60.8 % ROE- 45.9 % Face Value-₹ 5.00
Good Dividend Yield, ROE and ROCE. Overvalued Compared to Book Value of Rs. 20
This chart is only for educational purpose do your own study before taking any trades.