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Neuland Lab: Fundamentally and Technically Strong Buy

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NEULAND LABORATORIES LTD. (BSE:NEULANDLAB)  
pradipandsuvra  
BSE:NEULANDLAB   NEULAND LABORATORIES LTD.
Candlestick Analysis Volume Moving Averages indianstocksanalysis stocktobuy stocktowatch breakout NEULANDLAB
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candlestick volumestudies movingaverage indianstocksanalysis stocktobuy stocktowatch breakout neulandlab
A Very Interesting Pattern in this lesser known share:
  • An all-world-engulfing green candle on the day of Earnings.
  • Very high volume breakout
  • The 50 MA about to crossover 200 DM, a perfect entry.

And the result .. it's awesome:

PAT doubles (YoY), 4 times (QoQ)
EPS doubles (YoY), 4 times (QoQ)

Trade: Buy and Hold with a SL of 1610.



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