Bhagwati Autocast Ltd closes at ₹ 118.30 with a Fall
of -5.30 % %
on 19-March-2018 with formation of a Red Candle
on Daily Price Chart. Technically, Bhagwati Autocast has entering into a Long
Term Bullish Trend. Major Momentum Indicators are showing
Strength on Daily Price Chart. Our NNI index has also turned Positive.Valuations : It is now trading at Premium of +64.%
of its EPV of March 2017. Considering its Growth prospects, we get its 3X EPV
at 193.
We may BUY/ Accumulate Bhagwati
Autocast Ltd at CMP
We may BUY
Target
: ₹193
Stop: Loss
: ₹96
Time
Frame: 1-12 Months
Financials
: https://www.screener.in/company/504646/
Disclaimer : We are / may going to take
exposure shortly.