Cyber Monday saleUp to 70% OFF

Bestagrolife

YR 2022 Idea #171: Long on BESTAGROThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
NSE:BESTAGROLong
by onerighttrade
Best Agrolife breakout1. 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 November 2021, BSE:BESTAGRO has given a breakout today. Buy with a stop just below ₹1280. (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 34%, TTM Profit growth is 181, quarterly sales growth is at 34% and quarterly profit growth is at 54% 2. Debt to equity at 0.82(less than 1 is good), Interest Coverage at 8.60(greater than 3 is good) 3. Dividend yield at 0.15% 4. on 6th October 2022 credit rating agency Care has said in its credit rating report, "The ratings assigned to the bank facilities of Best Agrolife Limited derive strength from the vast experience of the promoters in the industry along with long track record of operations, integrated operations of the group with diversified product portfolio and wide distribution network (please go through the credit rating report for better understanding) 5. Promoter holding has increased by 1.88% over the last quarter Weaknesses: - 1. Pledged percentage 0.65% 2. Stock is trading at 9.55 times its book value 3. Debtor days have increased from 53 to 77 4. Borrowings increased to 270Cr in March 2022 from 33Cr in March 2021 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.
BSE:BESTAGROLong
by akashbothra
BESTAGRO - Ichimoku Bullish Breakout Stock Name - Best Agrolife Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 1110 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:BESTAGROLong
by nikunjbhadja
BEST AGRO LIFE DAILY CHART ON 14.01.2022 CLOSER TO TARGETPOSTED 13.01.2022 BEST AGRO LIFE above 1172 for a target 1182 and on 14.01.2022 stock made a high of 1180 and closing at 1136. The market from JAN 2022 is in the one way run-up and the major resistance for nifty is at 18340/18348 and if the bulls can break and sustain above the resistance then the market will continue to be in the hands of the Bull. So far in this JAN 2022 FII selling has reduced much comparatively to OCT, NOV & DEC 2021. As we are nearing UNION BUDGET FEB 1st 2022 probably selling may not be more unless and untill there will be any major news. wishing you all a profitable trading.
NSE:BESTAGRO
by UnknownUnicorn19608572