madhu2811

LAXMI ORGANICS

Long
madhu2811 Updated   
NSE:LXCHEM   LAXMI ORGANIC INDUS LTD
Laxmi Organic Industries Limited was established in 1989 and is in the business of specialty chemicals. The Company primarily manufactures Ethyl Acetate, Acetic Acid and Diketene Derivative Products (DDP)

Company has delivered good profit growth of 29.0% CAGR over last 5 years ; Price to book value 6.88 ; Debt to equity ratio 0.11

Looking good in charts ( symmetrical / Ascending triangle )

Break out Above 488 , we can expect upmove till 500.
Comment:
Break out Above 388 not 488 , we can expect upmove till 500
Comment:
Ascending triangle pattern - Broken next support @ 311 and SL 286

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