Technical Analysis
150 MA bullish
50 MA 30 MA bearish
MACD bearish
RSI bearish
Support point (1) 3.20
Resistance point (1) 3.37 & Resistance point (2) 3.63
Fundamental analysis
More than 5% DY
Continuous profitable quarter for 10 years
Year over year profit growth
Strategic
Due to buy over a wholly own company by PNB - I&P group, investors hold short position in short term.
In long run, SPSETIA buy over I&P group which increase land bank in long term development.
Try to buy in below 3.20 and hold long term to gain more dividend