technofunda_trader

Route Mobile ready for the uptrend!🤩💸🔥

Long
NSE:ROUTE   ROUTE MOBILE LTD
Buy Route Mobile for Positional Trading as well as Investment.💸🔥💸
Comment your views‼️😄
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💡About Company:
Route Mobile is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players and mobile network operators (MNO). Their product portfolio includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics & Monetization.
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💡Business Segments:
Enterprise: Provides a cloud-based communication platform to enterprises to enable digital communication through multiple channels.

Mobile Operator: Offer services such as SMS analytics, firewall, filtering, monetization and CPaaS and hubbing solutions.

Business Process Outsourcing: They provide client support, technical support, booking and collection services.
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💡Geographical Split
Exports: 81%
Domestic: 19%
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✔️ Technically & Fundamentally Strong💪💪
The company recently posted the best Q3 Result.
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‼️ The stock is been in a retracement phase from Oct 2020. With the recent Buying at Major Support with Huge volume after posting the best Q3 result in its history, the retracement seems to come to an end. One can start to accumulate the stock and scale up as it rises. We can expect a strong uptrend from current levels.
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💎@technofunda_trader⁠
Few Important rules from my Trading Philosophy:⁠
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 5-10% 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.
⁠5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
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