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MRO

MroTek is BlastedHey Family, there is a one more stock Which is showing a great opportunity and forming Channel Pattern Pattern in daily and weekly TF it's trying to breakout resistance zone, If Stock break's resistance zone then we can see a good move, let's see breakout sustain or not. Don't know how we miss this amazing stock and forget to share this with you all family. What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:MRO_TEK
by ChartSight
MRO-TEK high volume 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 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 a consolidation since October 2021, NSE:MRO_TEK has given a high volume breakout today. Buy with a stop at ₹64. Other fundamentals: 1. TTM sales growth of 340% and TTM profit growth of 895%. 2. Debt to equity at 0.94 (less than 1 is good), Interest Coverage at 14.2 (greater than 3 is good), FCF to CFO at 122%. 3. Promoter holding increased from 54.19% in September 2020 to 55.04% in March 2022. 4. The company removed 15 products from its product line based on technology obsolescence and market movement. It also introduced new products in its protfolio such as Industrial grade switches, L2/L3 switches, coach switches and fibre/ IP modems. 5. The company entered into electronic manufacturing services space in 2017. It focuses on Aerospace, Defence and Medical Sectors. Clients include alpha design, LnT Defence, AutoTec (Adani Defence), DRDO, TerumoCorp, SkanRay, Mass trans, Sensei Electronics and Grey orange. The company is also being considered for large scale manufacturing requirements of Cipla Ltd. 6.
NSE:MRO_TEKLong
by akashbothra