- Company has reduced debt. - Company has delivered good profit growth of 21.9% CAGR over last 5 years - Company has a good return on equity (ROE) track record: 3 Years ROE 29.3% - Annual Revenue rose 16.5%, in the last year to Rs 1,198.3 Crores. Its sector's average revenue growth for the last fiscal year was 26%. - Quarterly Revenue rose 8.6% YoY to Rs 313.7...
NSE:ROLEXRINGS has given a solid breakout and now one can go long in this position by keeping a stop loss at 2150. It gave an initial breakout and then took out the previous high which makes this breakout more interesting and strong.
Rolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways. It derives nearly 54% of its revenue from bearing rings and 38%...
Rolex Rings - Good technical chart. Auto sector looking strong..can show good return in coming months
Rolex Rings analysis technical but also reflecting on news. RR commands an overall market share of 32%. Revenue is div into Domestic 42%, Exports: 58% Expecting a strong upside if stays above the indicated line.
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Rolex Rings-rectangular channel Pattern breakout Daily Time Frame. Only Education Purpose.
CMP: 1506 All Time High breakout. Good volume breakout.
ROLEXRINGS 1. good buy dip 2.last buying pressure candle formed 3. confirmation line break after expect target level
collect it till 1200, target open, sl below swing low. breakout with good volume.
educational idea Rolex rings has given the breakout and we expect the stock May go for given target levels . to inspire us,Please like the idea If you agree with the analysis.
buy above 1250 in intraday and swing for stoploss in swing trade exit if daily candle close below trendline For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger...
This stock can be a multi-bagger from here with 5year time horizon. In a shorter time also it have capability to give 40% returns in less than 6 months. I will keep posted.
buy above 1115 for swing trade but wait for 5 minute candle close keep stoploss below 1050 DCB