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EXCELINDUS

YR 2022 Idea #100: Long on EXCELINDUS This 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:EXCELINDUSLong
by onerighttrade
Excel Industries 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/(Buy Price-Initial Stop Loss Price) 4. Sell on initial stop loss hit or close below supertrend (for short term traders) or close below 200 day EMA (for long term investors) After posting quarter sales growth of 64%, quarter profit growth of 198%, TTM sales growth of 47% and TTM profit growth of 114%, NSE:EXCELINDUS gave a big volume breakout (after a long consolidation since Mar'19) yesterday but couldn't close above previous resistance and near day high. Today it has made another attempt but there is selling at the top. Still, it's a good breakout. Keep an eye on this stock and if you think markets will continue to move up, buy with a stop below Rs.1183. Other Fundamentals: - 1. 5 year CAGR sales growth of 11% and CAGR profit growth of 21% 2. Debt to equity 0.01, Interest coverage 97.4 and FCF to CFO 40% 3. Dividend Yield of 0.83% (consistent dividend payer since 2010) 4. Continuous capacity expansion since 2011 5. Cash conversion Cycle improved from 99 in Mar'15 to 29 in Mar'21
NSE:EXCELINDUSLong
by akashbothra
EXCEL INDUSTRIES LONGChart is pretty clear and straight here. A simple Inverted Head and Shoulder formation can be seen on the weekly charts of Excel Industries. Further, a good breakout is seen with good volumes and sustainability above the resistance point. In addition, a perfect retrace is seen and buying pressure can be seen in the last candle. The last candle tested the 'resistance turned support' level and from there buying pressure is seen!! Moreover, a breakout and retrace is visible from the recent consolidation. (OPEN THE CHART FOR DETAILED VIEW). LEVELS ENTRY: CMP (1082) Target 1: 1275 (Book 25%) Target 2: 1442 (Book another 25%) Target 3: 1605 (Book another 25%) Target 4: 1755-1760 (Book full profits) STOP LOSS: 960 *TRAIL STOP LOSS* MACD bullish Volumes check RSI a bit high but shows momentum Risk-Reward ratio FAVORABLE I would recommend a long swing trade on EXCEL INDS Thanks FOLLOW IF YOU LIKE THE ANALYSIS...
NSE:EXCELINDUSLong
by Keshav2329
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