MKEXIM MK Exim (India) Ltd looks good above 105
SL 73
Targets 120-130-140-150-170
Holding period few months
Technicals
Stock is under consolidation zone since last few weeks
Good volumes have appeared in last 3-4 days
Stock is trading above 200 MA and 10 MA is looks ready to cross 50 MA
PROS
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 116% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
Company's median sales growth is 23.9% of last 10 years
SL 73
Targets 120-130-140-150-170
Holding period few months
Technicals
Stock is under consolidation zone since last few weeks
Good volumes have appeared in last 3-4 days
Stock is trading above 200 MA and 10 MA is looks ready to cross 50 MA
PROS
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 116% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
Company's median sales growth is 23.9% of last 10 years