@ELECTROSTEEL CASTING LTD Price Breakout after long time(2008) with volume on weekly chart Technical RSI-Above 50 RS- Positive Super Trend-Positive Fundamental Revenue-Good(Qtrly Basis) EBITDA Margin- 10% to 15% GP Margin-30% to 40% PE-16(Below Sector PE 28) D/E- 0.6( below 1) Interest coverage ratio-2.45 time of Ebit Strategy-Buy on Dip Stop Loss- 2008 High(101 near about) or Super trend(weekly Basis)
Disclaimer-this analysis only for education purpose. Not recommendation any sell or buy
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AFTER POST THIS...MINIMUM 35% RETURN
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IN 2 MONTH 60%(MINIMUM) RETURN AFTER 14 DEC ANALYSIS...SO BOOK PARTIALLY PROFIT(ATLEAST 20 TO 30%) AND HOLD QUANTITY WITH STRICT STOP LOSS
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HOLD WITH STRICT STOPL LOSS FUNDAMENTAL IS GOOD.
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BE CAUSTIOUS RSI-80 ABOVE(ON MONTHLY CHART) RSI-75 ABOVE(ON WEEKLY CHART) TAKE SOME PROFIT & HOLD WITH STRICT STOP LOSS
@SumanaNanjundaiah I don't know what is your Buy price and quantity and holding time...Assuming you are short term investor...buy after my analysis...so you are in good profit...then book partially profit and remaining quantity hold with strict stop loss.. Keep focus on learning...