Technical Analysis
150 MA bullish
50 MA 30 MA sloping down and tend to merge
MACD bullish
RSI bullish
Support point (1) 1.20 & Support Point (2) 1.61
Resistance point (1) 1.27
Fundamental analysis
EMPLOYEES PROVIDENT FUND BOARD is major shareholder
Changing in NPL policy which lead the whole financial status become more healthy and competitive which proven in Net Profit
NTA is 1.179
Strategic
There are the sign of changing in RSI and MACD
Safe zone to buy in and hold long term at or below:-
1.20 for 1st buy in
1.16 for 2nd buy in