Motison Aiming for a base breakout!#Tradeideas #motison- After the split the stock is setting up and trying to break out of base. Watch the PA closely. Safe traders wait for a close above 34.
-SL is deep around 15%. So position size accordingly.
- Not a time for big bets yet.
- Do your due diligence and protect your capital, please do not be complacent.
Trade Safe!
Market Cap---₹ 3,244 Cr.
Current Price--₹ 33.0
Stock P/E---85.6
ROCE---16.6 %
ROE---13.9 %
Face Value---₹ 1.00
Split
INOXWIND | Opportunity | Swing Trade.
Inox Wind has undergone a stock split today, presenting a notable opportunity for investors to acquire shares at a discounted price. The company's solid performance is reflected in this strategic move, suggesting a positive outlook for its future growth. As Inox Wind continues to perform well, the stock split is expected to generate momentum, making it a potentially attractive investment.
So keep your eyes on it.. keep watching with your own framework and do your analysis then take your risk management to trade for this.
This is not recommendation to anyone so please do your own analysis first.
Best of luck
Regards.
Higher volume and greater possibility to get off the shoes.graceful start found at the bottom level. Gray is on, bulls on prediction, whereas the core factor looks hard in this pandemic situation, if it is again some bad news over the overall lockdown and unfavor it may be cautious. On my view, Shrenik look like going to make it over high to double the previous split, may be another split 2018,2020,2022. whereas brings more volume to continue.