Positive: Debt -- (almost debt free), 30.4% CAGR - last 5 years, ROCE (45%-Mar 23)
Neutral : Almost Stock P/E=Sector P/E
Negative: Promoter holding --, Public/Retail holding ++, Sales --, OPM % --, Net profit --, EPS --
Waiting for the numbers in results to connect the dots up or down.
Chart is self explanatory.
It is not an investment advice. Only for Educational purpose.
Kindly do your own research before buy/sell decision.
Thank you!
TECHNO FUNDA TRIGGERS
- Company is debt free
- profit growth of 30.4% CAGR over last 5 years
- Strong Breakout
- Range Accumlation
- 52- Week High
- Strong Bullish Momentum
Hello Traders,
Sharing this weekly chart of Focus Lighting & Fixtures Ltd, where it has given a breakout from an 8-week range, the stock belongs to the Electric Equipments Industry, stock PE is lower than industries average.
Targets are taken with reference to the Fibonacci Trade-Based Extension.
SL price:
Below- 740 (12%)
Targets:
T1- 1045 (25%)
T2- 1395 ...
-It is engaged in manufacturing and trading of innovative LED lights and fixtures.
-Market Cap₹ 1,067 Cr.
ROCE 46.3 %
-Compounded 3 Years Growth
Sales 19%
Profit 119%
-ATH Breakout with above average Volume.
FOCUS:- Rounding bottom is the pattern and has also given breakout, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about...
