Revathi Equipment Breakout
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 April 2017, NSE:REVATHI has given a breakout on 18th November 2022. Buy with a stop just below ₹975. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. TTM Sales growth is at 60%, TTM Profit growth is at 333%, quarterly sales growth is at 138% and quarterly profit growth is at 153%
2. Debt to equity at 0.15(less than 1 is good), Interest Coverage at 5.17(greater than 3 is good), Current Ratio at 1.81(greater than 1.5 is good), FCF to CFO at 82%
3. Debtor days have decreased from 144 to 81
4. FII stake increased from 0.00 to 0.03 in Sep'22
Weaknesses: -
1. The company has delivered a poor sales growth of -2.77% over past five years.
2. Company has a low return on equity of 5.37% over last 3 years
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 advice from your advisors before jumping in.
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 April 2017, NSE:REVATHI has given a breakout on 18th November 2022. Buy with a stop just below ₹975. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. TTM Sales growth is at 60%, TTM Profit growth is at 333%, quarterly sales growth is at 138% and quarterly profit growth is at 153%
2. Debt to equity at 0.15(less than 1 is good), Interest Coverage at 5.17(greater than 3 is good), Current Ratio at 1.81(greater than 1.5 is good), FCF to CFO at 82%
3. Debtor days have decreased from 144 to 81
4. FII stake increased from 0.00 to 0.03 in Sep'22
Weaknesses: -
1. The company has delivered a poor sales growth of -2.77% over past five years.
2. Company has a low return on equity of 5.37% over last 3 years
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 advice from your advisors before jumping in.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.