Apollo Sindoori lagti hai Param Sundari
Apollo Sindoori Hotels Ltd incorporated in 1998, is a small cap company engaged in the business of managing food outlets at hospitals and reputed organisations. The Company also undertakes Outdoor Catering Services, Skilled manpower to hospitals etc. It prepares over 45,000 meals everyday.
- Company's annual revenue growth of 78.55% outperformed its 3 year CAGR of 23.45%.
- Annual Net Profit rose 14.5% in the last year to Rs 17 Crores. Its sector's average net profit growth for the last fiscal year was 1,018.9%.
- Stock Price rose 137% and outperformed its sector by 95.3% in the past year.
- Price to Earning Ratio is 21.1 lower than its sector PE ratio of 67.7
- Interest Coverage Ratio is 4.4, higher than 1.5 which means that it is able to meet its interest payments comfortably with its earnings (EBIT) with a Debt to Equity Ratio of 0.9
APOLSINHOT trade ideas
APOLSINHOT tight consolidation before next run??????????NSE:APOLSINHOT
Time Frame – Weekly
Technical Observations –
1) Trading in rising channel pattern
2) Consolidation seen in 1000 - 700 range
3) Taking support at channel trendline & weekly 200 SMA
4) One can use the simple strategy of buying at support and sell at resistance in this kind of trading range
5) Now Weekly 200 SMA is strong support
6) RSI falling wedge trendline breakout seen
7) Warning - Very very low volume stock
Resistance – 1096/1347/1665/1926
Support –700 & Weekly 200 SMA
DISCLAIMER : NCFM Certified Technical Analyst. I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
3.9 Years Darvas Box Breakout at APOLSINHOT3.9 Years Darvas Box #Breakout at #APOLSINHOT (Apollo Sindoori Hotels Ltd) Weekly Chart.
What Is Darvas Box Theory?
Darvas box theory is a trading strategy developed by Nicolas Darvas that targets stocks using highs and volume as key indicators.
Darvas' trading technique involves buying into stocks that are trading at new highs and drawing a box around the recent highs and lows to establish an entry point and placement of the stop-loss order. A stock is considered to be in a Darvas box when the price action rises above the previous high but falls back to a price not far from that high.
KEY TAKEAWAYS -
Darvas box theory is a technical tool that allows traders to target stocks with increasing trade volume.
The Darvas box theory is not locked into a specific time period, so the boxes are created by drawing a line along the recent highs and recent lows of the time period the trader is using.
The Darvas box theory works best in a rising market and/or by targeting bullish sectors.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
Apollo Sindoori Hotels Limited (APOLSINHOT) Triangle breakoutApollo Sindoori Hotels Limited is continuosly following triangle breakout pattern and also giving respect to support zone between 770-790 , good consolidation can be seen in the chart , indicators looks good too, bouncing from the support and can be buy with good RR ratio.
Buy Above 820(for Risky Traders) 844 (for Safe Players)
Stop-Loss 820
Targets are marked with orange Horizontal line
Apollo Sindoori may have peakedApollo Sindoor recorded the highest volume in the last week of Dec-18. Also, the last upmove was extremely rapid and it happened in 4/6 days. Generally, after this kind of steep upmove and a huge volume week with prices drifting downwards, the stock usually peaks out. Read more about these scenarios in "trade like a stock market wizard" by Mark Minervini