SATIA Industries is looking good on weekly chart... CMP 145..
Chart attached shows good position building.. Its a weekly chart and candle is not closed, So I am kind of preempting further move. SL below 131 DCB for short term trade, and 114 for positional/medium term trade.
Fundamentals are very good for this company and hugely undervalued. CWIP+Just completed expansion will contribute to more than 20% in next year's revenue... PE is just 6 and intrinsic value of more than 360 as per screener.in
P.S. :- I am not SEBI registered analyst, This post is for educational purpose only. DYOR or consult your financial advisor before taking any action on this post.
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