Prince Pipes Turning Around1. 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 initial Stop Loss hit or RSI close below 40
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 long consolidation NSE:PRINCEPIPE is showing signs of upward movement, buy with a stop at ₹620.
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.
Highertophigherbottom
YES BANK Rising1. 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 initial Stop Loss hit or RSI close below 40
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 taking support on the previous resistance zone NSE:YESBANK is moving up once again, it's a buy with stop at ₹16.95.
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.
Rupa Higher Top Higher Bottom1. 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 initial stop loss hit or daily RSI closing below 40
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 taking support at the 385-400 support zone, NSE:RUPA has created a high volume higher top higher bottom pattern on the daily charts. Buy with a stop just below Rs.434. Rupa has registered a TTM sales growth of 42% and TTM profit growth of 96% in the last quarter.
Other fundamentals:
1. Average ROE for last 3,5 and 10 years above 15%
2. Current PE of 18.78 is much less than 10 years average PE of 26
3. Company has been maintaining a healthy dividend payout of 31.16% (consistent dividend payer since 2010)
4. Debt to equity at 0.43 (less than 1 is good), Interest Coverage at 18.4 (greater than 3 is good), Current ratio at 1.98 (greater than 1.5 is good), FCF to CFO at 72.4%.
5. There are 18 sub-brands under brand Rupa -Frontline, Jon, Air, Macroman, Euro, Bumchums, Torrido, Thermocot, Kidline, Footline, Softline, among others.
6. Exclusive license for the brands:
a) French Connection UK (FCUK)
b) Fruit of the Loom (FOTL)
The FCUK and FOTL products have been launched at different locations in India.
7. Company's growth plans include expansion of footprints in South and Central India, as well as beyond Indian shores into international markets viz, the Middle East, South Asia, South East Asia, and others.
PSU banks on a recovery path?Weekly NSE:CNXPSUBANK making higher highs and higher lows since May'20 and weekly RSI has established itself in a bullish range of 50-70. This sector may be in a turnaround mode. One should look at the stocks making new 52-week highs in this sector for investment. Their future looks bright to me. This is not an investment advice by the way, do your own research before investing.