Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
A Great Penny Stock to Hold : Buy Nandan Exim
50 sec read
CMP : Rs 3.6
P/E Ratio : 15.36
Target : Rs5 and Rs 7
Time : 6 Months
Company Profile
Nandan Exim Limited is housed with one of the most sophisticated weaving plants and other facilities to manufacture superior quality gray cotton fabrics, khakhis and denims.
The products manufactured by Nandan Exim Limited are primarily intended for sufficing the needs of the leading customers of the country and exports to the developed markets of the West and South East Asia, Europe & America.
The plant manufactures 100% cotton piece dyed fabric, blended cotton fabric and denim keeping in tune with the fashion and market trends.
Also manufactured are fabrics of different weaves, dyes, combination of yarns, weights etc. These fabrics find applications in various outfits and garments. The range of fabrics include denim, twills, stretch, bull denim, broken twills.
The products manufactured at Nandan Exim Limited are primarily marketed in International as well as Domestic market. Within a short span of one year, the company has been able to supply its products to renowned national players as well as exporters. The marketing efforts are concentrated towards having a presence among various customer groups in the international arena like the garment manufacturers, importers, distributors, etc. and the ready made garment exporters, renowned brands, distributors & stockists in the national market.
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Rajandran R FollowCreator of OpenAlgo - OpenSource Algo Trading framework for Indian Traders. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Building Algo Platforms, Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in
1)Stock is showing massive MACD divergence 2)Price is currently below 13,34,55 EMA and these levels could act as a resistance in coming sessions. 3)Stop...
