Pasupati Acrylon Limited

PASUPATI ACRYLON BREAKOUT AFTER 3YEARS

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The stock has broken the 3 year old resistance with great volumes and pretty decent pattern , fundamentals of the stock are not quite attractive and are a cause of concern but still with good future prospects and expansion plan company can make an impact

Also the compnay has diversified itself into ethanol products


TARGET 4-6 WEEKS - 85
PATTERN - CUP AND HANDLE
PRETTY SOLID VOLUMES ON WEEKLY TIMEFRAME

ROCE - 6.09%
ROE - 4.09%
P/E - 25.4

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