Fundamentally strong textile stock is looking really good to give a good rally above Gann level @ 47.31
Promoters and DIIS have increased their stake in the last quarter.
Follow the levels marked for SL and targets
SWADESHI POLYTEX LTD (1D)
CMP 43.45
Consolidating in Narrow Range
Taken multiple support near 35 level as strong base
Market cap 160Cr
promoter holding 66%
PE 4
promoter has increased the stake a good sign
Very good profit, ROCE,debtor days 0
EPS/net profit increased significantly