Rising Trendline Rising TL and New ATH Soon ( Analysis for Educational Purpose Only)Longby Vinita_Enggr0
Stove Kraft Cmp 773 dated 30.7.2021Stove Kraft Cmp 773 dated 30.7.2021 1. Flag Pattern BO above 800 2. Rectangle Bo @ 797 3. Triangle Pattern 4. ROCE is 31.60. Buy for a tgt of 885-985 SL 710 It is just a view, pls trade at your own risk.Longby SHEETAL_UDESHI0
Stovekraft - a probable constant compounderStovekraft is mainly involved in home appliances sector,which always grows around in a CAGR of 12. charts looks like an emerging constant compounder Longby Scout_Stock0
Expecting Breakout ✌✌✌This scrip has formed short triangle pattern and expected to give breakout as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏🙏Longby DY97724
Stovekraft Inverted Head and Shoulder BreakoutStovekraft Daily Timeframe inverted head and shoulder breakout with volume. Buy the dip for 1st target : 685.50Longby NeelamNUpdated 0
STOVE KRAFT Breakout and Retest tradeNSE:STOVEKRAFT Levels are Mentioned in the chart... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions.. 4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..Longby tradingrhythm13
STOVEKRAFTSwing TrAdE options: After Box Break-Out now forming Descending Triangle Pattern, Depends on the break-Out stock moves further. Current Price- 595 P/E- 23.8 (less among competitors) Short time target: 650, 690 Med Time target: 730(Pole Extension) Pros: Company has reduced debt. Company has delivered good profit growth of 30.97% CAGR over last 5 years Debtor days have improved from 47.73 to 36.00 days. Note: Its revenue contribution was Kitchen Appliances (88%) and Home Appliances (12%) in FY20. The improved product mix resulted in profit expansion. Happy Trading AbdShortby TN_ERNMAT0
StoveKraft ( Investment Idea) Huge digital presence more thna 60% of sales online will adapt to change well Will have to look out for increasing revenue share from higher margin products and look for cost optimization. Issues is it does not have a premium brand under the company's name. Needs to diversify away more from only kitchen appliances and focus more on other appliances. Pretty undervalued at the moment should look to buy on dips. Buy at the previous trading range top then also buy at the trading range bottom if price goes there. Always remember this is an IPO stock and IPOS have been know to destroy wealth for a while until the free cash flow really starts coming it won't get a PE revaluation. (For it to trade at a multiple close to TTK prestige or Hawkins or Havells it needs to stabilize it's cash flows and margins while heavily increasing sales and reducing debt. So do keep an eye out for that. Track the quarterly reports also for good results and execution by the management. Longby S1OS6A183
STOVEKRAFT : 615GAME OF 21 SMA 1) Consolidation breakout 2) Trend: Up 3) Rising 21 MA support 4) Cash market stock 5) Mid-Small cap stock Only for education purpose @DailyNifty by DailyNifty0
A pattern you would love to trade | S01e01Buy if it comes out of this range . A big green candle is the sign for A go go :) Remember : Buy only on Days closing time near 3:25 ... Also don't risk all the capital . the % of the candle should be your SL and take position likewise Longby Averoy_Apoorv_Analysis443