SMC GLOBAL INDIA

RECOMMENDATION0- SELL

Over the period of time the MACD line has been in confusing state initially it was
high indicating buy and later fell down indicating sell , but as now the line is high
but the call will still be sell as its trends are showing a downfall in future.
The candlesticks are overlapping Bollinger band indicating over valuation of the
stock , hence it is ideal to call sell.
The volume bar has also shown trends of distribution.
Fundamentals
In the current year the company has shown a downfall in its financial figures the
gross profit ratio, net profit ratio and operating profit ratio have fallen compared
to previous years and the liquidity ratios also have shown downfall. The
management efficiency ratios have shown an significant increase hence the
inventory turnover, investment turnover have increased of the company .