4 Tweets 9 reads Jun 12, 2023
✅Entered in Siya Silk👕👚 @557.85
✅The stock is trading above all the EMAs and DMAs
✅Siya Silk is consolidating since last 57 weeks or 1 Year period
✅5 Times it has faced a resistance at Rs 590+
✅CBS above Rs 590+ will start a new trend in it
✅Recently, it made a high of Rs 584 and then Retest happened in it @516(Support)
✅I'll add it more at Pullback, Rs 530-545+
✅Siya Silk has shown a good performance in FY23. ATH Sales, ATH Operating Profits, ATH Net Profits and ATH EPS
✅Stock is available at just 10.4 PE Ratio
✅ATH of the stock was @777(In January-2018)
✅Since, last 6.5 years Siya Silk is trying to achieve its past glory🌟🌟
✅At its ATH, Market rewarded it with 32 PE Ratio it looks undervalued at 10.4 PE Ratio when Industry PE Ratio is at 30.2
✅Distance from 52 week highs 5.57%
Disclaimer :-This analysis is only for educational purposes and not recommendations.

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