NLC INDIA NEAR MULTI YEAR BREAKOUT

4월 10일

NlC INDIA Stock Near Multi year breakout on weekly chart...First breakout fail...
Now consolidate before breakout...if price break resistance level and sustain price..then its ready Big Move
So wait Break out with Volume.

Tecnical Analysis
RSI-above 50
RS-Positive
Super trend-Positive

Fundamental Analysis
Sales Growth-16%(CAGR)
Profit Growth-19%(CAGR)
PE-13(Below Industry PE)
ROE-15.5%
Debt to equity-1.32(its negative for me)
Strategy- Buy on Dip
Stop Loss-Super trend or anything else

Disclaimer
This Analysis is for Educational purpose only
not recommendation any buy or sell
Please do your study