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.