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TajGVK on verge of a 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 quarter sales growth of 126%, quarter profit growth of 1022% and after a consolidation since August 2020, BSE:TAJGVK has given a close at a new 52 week high. If the share starts trading above Rs.162 buy with a stop just below Rs.150. Next significant resistance comes at 185-190 zone.
BSE:TAJGVKLong
by akashbothra
Satia Industries 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 July 2021, NSE:SATIA has given a breakout today with high volumes. December quarter sales increased by 52%, quarter profit growth increased by 686%, TTM sales increased by 29% and TTM profit growth was at 105%. It's a buy with a stop just below Rs.108. Other fundamentals: 1. Text book corporations across the nation accounts for 40% of company's revenues. The remaining revenue comes from public sector & private sector companies. Its key clients include Bal Bharti, Assam Textbook corporation, Indian Railways, Himachal Pradesh board, West Benagal textbook corp etc. 2. The company has a pan-India presence and generates revenues from 15 states. Uttar Pradesh accounts for majority of revenues at 18%, followed by Maharashtra (14%), Delhi (13%), Rajasthan (9%), Punjab (8%) & others. Export contributes ~10% of the revenues. The company has a base of 70 distributors with 3 branch offices across the nation. 3. On 9th Feb 2022 Satia Industries said it has commissioned Paper Machine 4 having an installed capacity of one lakh tonne per annum, with an investment of Rs 500 crore. 4. Average ROE for last 3, 5 and 10 years greater than 15%. 5. Promoter stake increased from 51.68 in Sep'20 to 51.79 in Mar'21. 6. FII stake increased from 0.00 to 0.06 in Dec'21.
NSE:SATIALong
by akashbothra
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