gujarathitarang

SOLAR IND SWING TRADE IDEAS

Long
NSE:SOLARINDS   SOLAR INDUSTRIES I
STRENGHT AND OPPORTUNITIES
1. Strong Momentum: Price above short, medium, and long-term moving averages
2. Effectively using its capital to generate profit - RoCE has improved in the last 2 years
3. Effectively using Shareholders' fund - Return on equity (ROE) has improved in the last 2 year
4. Efficient in managing Assets to generate Profits - ROA improving since last 2 year
5. Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
6. Company with Low Debt
7. Increasing profits every quarter for the past 2 quarters
8. Annual Net Profits have improved for the last 2 years
9. Book Value per share Improving for the last 2 years
10. Company with Zero Promoter Pledge
11. FII / FPI or Institutions increasing their shareholding
12. Recent Results: Growth in Operating Profit with an increase in operating margins (YoY)
13. Brokers upgraded recommendation or target price in the past three months
14. RSI indicating price strength
15. Piotroski Score = 8

ACTION

BUY SOLAR IND if it closes above the green line i.e above the price 6927.45

BIG SHARK INVESTORS
KOTAK MAHINDRA GROUP = 4.47%
HDFC GROUP = 1.9%

DISCLAIMER
The content above is solely an opinion and not financial advice. It is provided for general informational purposes, and any reliance on it is at your own risk. Consult with a qualified financial advisor before making any investment decisions. The author is not liable for any errors, omissions, or losses arising from the use of the information. Investing involves risk, and past performance is not indicative of future results. By reading the content, you agree not to hold the author responsible for any actions taken based on the information provided.

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