Long

DHFL - A POTENTIAL LONG OPPORTUNITY

98
#DHFL
CMP 648
BUY ONLY IF CROSSES 680.
STOP 610.
TARGET OPEN.

Logic:
Cup + Handle
Handle accompanied by contraction in volatility (Ref ATR5)
and contraction in volume.

EPS growth last 4 quarters reflecting uptrend

Qn-4 Qn-3 Qn-2 Qn-1
Sales 20.8% 11.4% 18.0% 26.2%
OP 17.6% 8.4% 15.9% 24.5%
NP 26.1% 25.0% 27.0% 34.9%
OPM 89.64% 89.71% 87.85% 89.96%
NPM 11.24% 11.63% 11.15% 13.81%

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