Buy NOCIL for Positional Trading as well as Investment.๐ธ๐ฅ๐ธ Comment your viewsโผ๏ธ๐ . ๐กKey drivers for future price-performance: 1) The management guided for debottlenecking of its existing unit in the near term, even as it evaluates its plans for the next three-to-five years. Specialized products constitute 25% of total revenue; with limited room for expansion (the industry standard is 12%). 2) The Indian Tyre industry is expected to grow by 15-17% in volume terms in FY22. Domestic Tyre companies are planning to ramp up production, with a planned Capex of INR200b over the next three years. . โ๏ธ Technically & Fundamentally Strong๐ช๐ช Best Q3 result. . ๐@technofunda_traderโ Few Important rules from my Trading Philosophy:โ 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues. 3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%. 4. Build position gradually as the stock rises. โ 5. Trade in the direction of the bigger trend. 6. Ride the trend, don't sell your winners early. . Like, Comment & Share ๐๐๐