Stockmartket
United Drilling Tools Ltd| A Unique momentum businessUnited Drilling Tools Ltd| A Unique momentum business
is a leading manufacturer of Oil Drilling related Equipment's in the country. The company has obtained Global quality standards for its major products.
Fundamental: Medium
Market Cap = ₹ 621 Cr. ROCE = 6.13 % ROE = 4.22 %
Debt to equity = 0.15 Promoter holding = 74.6 %
Quick ratio = 1.06 Current ratio = 3.28 Return on assets =3.65 %
This stock is leading driling tool company which is right now in momentum .
but Fundamental is in medium state. lets see how market react on this company .
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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SWING TRADE #5 BAJAJ CONSUMERStock ( NSE:BAJAJCON ) is making higher lows as shown in chart and, you can see it was inside a channel since long time and recently broke this channel with huge volume, these all giving bullish signals, one may take trade based on his/her risk appetite for swing opportunity.
important levels are
entry range : 160-165
stop loss : 145-150
target :
1st: 203
2nd: 250-270