Stock Analysis Of Ginni filaments ltd | Personal Technical Analyst, Researcher, Stock market Analyst
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Stock Analysis Of Ginni filaments ltd

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Analysis Of Ginni filaments:

Analysis of Ginni Filaments
Analysis of Ginni Filaments

Technical Analysis-

Technical looks that the major trend is bearish, and in short-term price looks sideways, range bound between 15 to 24, in the weekly chart we can see that the price following a downtrend channel since July 2017, in recent we having a short-term bullish breakout in weekly chart but after that price will be sideways if we take a look on  weekly daily and monthly chart no buying or selling pressure found price totally in sideways recent formed support zone will be at 15.50.  EMA 50, 100, 200, acting as resistance.

FUNDAMENTAL ANALYSIS

RETURNS:

Analysis of Ginni FilamentsAnalysis of Ginni Filaments

If we take a look at 1-year and 1-month returns, it will found both (-VE)

It will clearly say that price having active selling pressure.

DELIVERY VOLUMES:

Delivery volume increasing statically from the recent one month

VOLUME GINNIFILAMENTS
VOLUME GINNIFILAMENTS

FUNDAMENTALS:

FUNDAMENTALS GINNIFILAMENTS

 

SHARE HOLDING GINNIFILAMENTS

RESULTS GINNIFILAMENTS
RESULTS GINNIFILAMENTS

FUNDAMENTALS:

In fundamental analysis, it will be found that NO FII, and Mutual fund holding this company shares, only company promoters and institutions are holding this company, peer comparison, also not found good because some other company having better PE and PEG ration, recent quarter having good sales number but company having the loss

SUMMARY OF GINNI FILAMENTS: Technically there not having buying pressure at recent trading session stock at sideways range bound, and fundamentally we having some sort of gain in volume but it will not consider for good buying, results are not relevant because sales number increasing and profit decreasing so for this time long-term approach might be good, but for short term buy above 24, or we can buy using strict stop loss of 15.50

 

ANALYSIS ASK BY: Nikhil Indoria


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