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Ttkprestige

BULLISH on TTKPRESTIGNSE:TTKPRESTIG The prices have given a breakout from the consolidation pattern. It was an accumulation phase. The prices are trading above the moving averages which shows bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. This view is for 1 to 6 months. The Target and SL are given on charts. I will update about them in future. Disclaimer : This is only my view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
NSE:TTKPRESTIGLong
by Kunal-Battu
A beautiful double bottom pattern on TTKPRESTIGOn daily charts of TTKPRESTIGE prices have formed a very subtle and beautiful double bottom pattern after short term downtrend . If we look at the weekly chart price has came to retest it's previous three times resistance level, which was broken last year around the same month and now suppose to act as support. On hourly charts, huge volume is visible when both the bottoms were being formed. Price is near it's neckline. Hourly close above the neckline (Rs.875) will be considered as a breakout of the pattern. Intra-day and swing traders can add this scrip in watchlist.
NSE:TTKPRESTIGLong
by sumedhb100
TTK Prestige trading at Demand ZoneNSE:TTKPRESTIG TTK Prestige is among the leading brands in the kitchen equipment space, especially in the pressure cooker segment. It is the No. 1 Brand in Pressure cookers, No. 1 Brand in Cookware, No. 1 Brand in Value-added Gas Stoves, No. 1 Brand in Induction Cooktops, India’s only company to offer the complete Induction Cooking solution and it is the No 1 Brand in Rice Cookers. Fundamentals: - 1. The product profile is diversified, with 31% of the revenue coming from pressure cookers, 15% from cookware, 14% from gas stoves, 12% from mixer-grinders, and the remainder from other kitchen and home appliances and cleaning solutions. 98% of the revenue comes from domestic sales. 2. Distribution Network The company has more than 545 Prestige Xclusive stores in over 305 cities. 24 Regional Sales Centre and 350+ Authorized Service Centre. The number of outlets as of FY20 was 588. The network now covers 26 States and 345 Towns. The company during FY20 opened two Prestige Lifestyle Stores in Bengaluru. 3. New launch The company launched an innovative and revolutionary range of Pressure Cookers under the Svachh platform during the second half of FY 20. The company is progressing on a new category of Cleaning Solutions. The operating subsidiary Horwood Homewares Limited introduced new products and a new category SMIDGE range. The Company launched 146 SKUs in FY20 and is geared to launch 100 new SKUs in the market during FY 20-21. TTK Prestige Limited is launching a new category - Stainless Steel Casseroles in two versions viz. Royale and Prime. Totally 7 SKUs of different sizes are being offered at the launch stage. 4. Capex As per Long-Range Plan intend to do ₹ 200 Cr Capex over three years, the Company has spent about ₹70 Cr in FY20. 5. It is trading at a PE multiple of 36, less than 10year average PE of 42. 6. Average ROE for the last 3 and 5 years more than 15. 7. TTM Sales growth at 31% and TTM Profit growth at 88%. 8. Debt to equity at 0.06 (less than 1 is good), Interest Coverage at 61.7 (greater than 3 is good), Current ratio at 2.96 (greater than 1.5 is good). 9. Dividend Yield of 0.64% (consistent dividend payer since 2006) The stock is currently trading at a demand zone where 3 resistances and 1 support meet. If anyone consider it for buying, put only 3% of your capital right now, buy with another 3% if it falls another 40% and invest the rest 4% (don't invest more than 10% of your entire capital in one stock) when the share closes at a 52 week high.
NSE:TTKPRESTIGLong
by akashbothra
Target 1 (35%) achieved in TTK Prestige. Target 2 is ON...This is follow-up on TTK Prestige. Can check link to related ideas. Target 1 achieved. More than 35%. Target 2 is ON. Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:TTKPRESTIGLong
by MandeepSinghKohli
4
Intraday Trade: watch for resistance breakoutbuy above 9125 in intraday, keep Sl at 9050 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 only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:TTKPRESTIGLong
by stockkar