APTECHT trade ideas
Aptecht- Rekha Jhunjhunwala Portfolio Stock. Hie, In this portfolio specific series, we talk about some stock which top Indian investors hold.
In limelight today we have Rekha jhunjhunwala. Her net worth is over Rs . 3,861.1 Cr .
She is the co-owner of the company 'RARE Enterprises' with her husband Rakesh jhunjhunwala. The name of the company is derived from the initials of the joint owners,'Ra' from Rakesh and 'Re' for Rekha. It seems like the company name is the only place where is she given equal opportunity of merit whereas on Google and Wikipedia they have not given her any digital space of her own. I guess history will see down, yet another mysterious woman whose story could have benefited thousands if not millions, go undiscovered and unexplored. Holding% - 11.28%
Aptech Ltd. is a holding company, which engages in the business of education training and assessment solution services. It operates through Retail, and Non-retail segments. The Retail segment consists of network of vocational, and pre-school learning centres under various brands as Aptech, primarily run with a franchise model.
*Increasing profits every quarter for the past 3 quarters
*Growth in Net Profit with increasing Profit Margin (QoQ)
*Companies with 10% increase in share price over three months, with rising net profit growth
*Company with negative growth and promoters decreasing shareholding QoQ
*Inefficient use of assets to generate profits - ROA declining in the last 2 years
for more you can check the stock out on trendlyne.com/fundamentals/financials/95/ APTECHT /aptech-ltd/
Sources credit:
Trendlyne
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The analysis is my POV , in no way it is a buy-sell recommendation. Hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Two Sided Pathway !Aptech had given a strong weekly breakout and has risen since then. This week, it has formed a strong bearish Engulfing pattern with decent volume and is on the edge of breaking a trendline.
Also, The RSI is into highly overbought zone ! the way it has been consolidating at 151 can mean it will either break this level or show a good up-move. More bias being to bears.
Educational purpose only. Trade at your own risk !!
APTECH LONGHIGH VOLUME AND DELIVERY QTY, RECOMMENDING LONG.
Entry price: 93-95
Stop loss : 83
Target price : 120-125
return/risk ratio : 3
Disclaimer:
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material.
APTECH LTD (DAILY) LONG1) Bullish Butterfly Pattern (Harmonic Patterns)
2) RSI Positive Divergence on DAILY chart
3) Latest Swing Low @ Support
4) Showing Higher High on chart
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4) RSI Positive Divergence on WEEKLY chart
5) Bullish Engulfing candle on WEEKLY chart
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1st Target @ 150-153
2nd Target @ 178-180