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Sir your views about gati

Discussion in 'Technical Analysis' started by farazzeya, Sep 26, 2017.

  1. farazzeya

    farazzeya Member

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    farazzeya, Sep 26, 2017
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  2. shabbir

    shabbir Administrator Staff Member

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    Seeing the debt to equity of Gati 0.87 and ROCE of under 8% and PE of 30. Looks quite expensive to me.
    If you are expecting the business to grow, why should you consider selling then?
     
    shabbir, Sep 26, 2017
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  3. akhtar80

    akhtar80 Responder

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    owners have decreased their holdings and they have pledged their holdings as well.
     
    akhtar80, Sep 26, 2017
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  4. nirajshah

    nirajshah Champion

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    nirajshah, Sep 28, 2017
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  5. bnnarayana

    bnnarayana Contributor

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    Akhtar and Nirajshah have given their openion about Gati and with little techincial knowledge what I have learnt from our mentor Shabbir and his book, techincialy it is very negative and if it breaches or break down its support of 105 and then it is free fall.
    Requesting forum techincial experts to correct me if I am wrong.

    Sent from my Le X526 using DIY Technical Analysis mobile app
     
    bnnarayana, Oct 1, 2017
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  6. shabbir

    shabbir Administrator Staff Member

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    105 to 95 is the support range but your analysis is spot on.
     
    shabbir, Oct 3, 2017
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