Wednesday, 20 September 2017

Firstsource Solutions Share Report and Trading Advice for Tomorrow (20 Sep 2017)

Research Head (MONEY MAKER RESEARCH & INVESTMENT ADVISOR PVT LTD) is having a view that one can go long in FIRST SOURCE SOLUTIONS .

FIRST SOURCE SOLUTIONS is strong on daily Charts & bullish cross over in KST and good numbers at CCI shows bullish trend, therefore We advice traders to go long above 46 with a price target of 48 & Stop loss should be placed below 43”

Its debt repayment plan is on good track with net debt at US$76.2 million as on June 30, 2017. It could become debt free by FY19E. It could lead to renovation in margin profile in a year ahead.

Stock has been gaining for the last 5 days and has risen 12.94% in the period & Outperformed Sector by 0.83%.

FIRST SOURCE SOLUTIONS was closed 2.06 per cent up today at Rs 44.65 at NSE.



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