Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.
Compared to Q4FY20 though, they have improved on all counts ! Revenues up by 11% and PAT 47 % ! in FY21 their total Free cash flow is mind blowing Rs. 3360 cr !!!
Redington announces 50% increase in PAT and 60% increase in EPS QoQ ! Revenues declined by 8.6% QoQ. Declared dividend of Rs. 11.6 per share !
Compared to Q4FY20, their revenues have increased 15% and PAT has increased 85% !!! Terrific performance !
Compared to full fiscal FY20, they have improved on all counts ! Revenues up by 11% and PAT 47 % ! In, FY21 their total Free cash flow is mind blowing Rs. 3360 cr !!! whats also crazy is their Operating cash flow has tripled since last fiscal !!
Post 4q results we can see it has 3400cr just in cash besides 756cr yearly profit !! I am going to hold it for long term. valuation wise my guess is its price would get to Rs. 350 atleast or double where it was yesterday !