akashbothra

D-Link India Breakout

Long
NSE:DLINKINDIA   D-LINK (INDIA)LTD
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop

After a consolidation since January 2022, DLINKINDIA has given a breakout today. Support around ₹160.

Strengths: -
1. Debt to equity at 0.01(less than 1 is good), Interest Coverage at 186(greater than 3 is good), Current Ratio at 1.81(greater than 1.5 is good), FCF to CFO at 96%

2. Company has been maintaining a healthy dividend payout of 21.2%

3. CRISIL Ratings has reaffirmed its rating on the long-term bank facility of D-Link India Limited (D-Link) on 27th June 2022(please go through the credit rating report for better understanding)

Weaknesses: -
1. The company has delivered a poor sales growth of 5.63% over the past five years

2. The company has a low return on equity of 13.7% for the last 3 years

3. Debtor days are high at 93

Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.

Disclaimer

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