Swastik24

Greenpanel Industries Trend Analysis

Long
NSE:GREENPANEL   GREENPANEL INDUSTRIES LTD
Diwali Pick!!

Hidden gem available at fair value with ROCE & ROE around 30%
Sales increased by 300% in 3.5 years
Net Profit increased by 820%
Borrowings reduced by 46%

Expecting the price to bounce from 315-330 levels
as it is the technical target of head & shoulder pattern
which is also in confluence with golden FIB level.

Good to accumulate at those levels for the following targets:

Short term swing target @ 500 (51.5% ROI)
Medium term swing target @ 600 (81.8% ROI)
Long term positional target @ 915 (177.3% ROI)

Stop loss @ 275 (Optional)


Do your own due diligence before taking any action.

Peace!!
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