MasterTrader1949X

Ruchira Papers Ltd (A Future Multibagger Stock)

Long
NSE:RUCHIRA   RUCHIRA PAPERS LTD
Manufactures Kraft Paper, and Writing and Printing Paper.

Fundamentals:-
Its a Risky Small Cap,can be a Future Multibagger.
Current Price is less than book value, Graham Number & Intrinsic Value.
Stock PE is less than its Industry PE.
Its a dividend giving stock.
Good ROCE & ROE.
Promoters holding is good & No promoters pledged.
Company is continuously reducing debt & now debt is less as compare to its reserves.
Piotroski Score is 7.

Technical:-
Supports are marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Trendline Support is market as Skyblue line.
Price is above 200 Weekly EMA, which may act as support in future.


Buy 120 - 110 - 95
Stoploss 85 or 88
Swing Tgt 150 - 160
Positional 200
Long Term 300 - 500


This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.

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.