Sunday, January 14, 2018

EID Parry (India) Ltd (EIDPARRY )-A MultiBagger, Buy/Sell/Hold, Growth Prospects and Recommendation, News and Results, Target Price and Analysis, Views and Outlook, Hot Stocks/Picks

EIDPARRY closes at  ₹ 379.15  with  a Gain     of   +1.60 %  on    12-Jan-2018   with formation of  a  Small Green   Candle    on Daily  Price Chart. Technically,  EIDPARRY  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.
We may    BUY /    Accumulate  EIDPARRY Ltd Ltd at CMP    .
Target : ₹ 500
Stop: Loss : ₹ 340
Time Frame: 6-12 Months
• EIDPARRY has entered into is  a  Multibagger pattern on Charts.
Investment Theme : Domestic output is set to recover after dropping to seven-year low, following an increase in the area under cane and yields following satisfactory rainfall. EIA Parry Sales spurted nearly 55% in the September 2017 quarter compared with the June 2017 quarter. The OPM improved from 5.96% to 13.03%.
Disclaimer : We are / may going to take exposure shortly.
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Disclaimer

The recommendations made herein do not constitute an offer to sell or a solicitation to buy any of the securities mentioned. No representations can be made that the recommendations contained herein will be profitable or that they will not result in losses. Readers using the information contained herein are solely responsible for their actions. Information is obtained from sources deemed to be reliable but is not guaranteed as to accuracy and completeness. The above recommendations are based on the theory of Technical Analysis and do not reflect the fundamental validity of the Scrip.M/S Durgapur Holdings & www.niftynext..com does 't take any Responsibility for any losses arising from using the Stocks Recommendations.
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