Our Investment call given on 2/November 2016 to Buy Ujjas Energy Limited around 39.30 proved great as today it flared and made high of 47.15 CMP 47.15....
[Return of almost 20% in Just 26 Day holding or 18 sessions]
"Is there anyone in market giving such returns. We believe in Technical levels and Stop loss is god"
Now, what to expect???
If immediate positional resistance of 47--50 is positively breached and sustained then stock will be at fresh 52-Week high and will be positionally strong.....
Support is intact at 40--35
Still looks positive and could test 50.00.
Weekly close above 50.00 will see sharp upside rally in it.
Upper side long term target intact 125+++
KEY RATIOS(standalone)
EPS:1.66
P/C:22.96
Price/Book:4.92
DIV YIELD.(%):0.16%
FACE VALUE (RS):1.00
Industry P/E:18.57
Industry P/E:28.49
MARKET CAP (RS CR):946
Mutual Fund Holding:1.29
More will update soon!!
