Small cap company with good sales and profit growth on yearly basis :
Fundamental key points : The fundamental analysis involved different aspect of company from top line to bottom line items, cash flow, financial ratio, order books, etc.
This analysis based on simple ratio and past growth figure for better understanding. ...
Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close...
SUPPORT 120 130
all dips are buying oppprtunity
price making higher high and higher lows and bounced from support with good volume
with the hellp of this support trendline and horizontal support stock has potential to go up and make new high.
🍂buy @ 140 -145 range
not a buy recommendation,study guys🙏
Why was it selected❓
🔹Company has reduced debt.
🔹Technically looks good.
🔹retested breakout level and expecting more upside.
🔹Company has delivered good profit growth of 50.40% CAGR over last 5 years.
🔹Company has a good return on equity (ROE) track record: 3...
Refex has completed three contractions, all within the 25% range.
It seems to have started to move up from its tight range.
The volumes need to be encouraging and higher to be able to decisively cross above 142.40.
Entry levels, risk, and targets shown for my journaling purpose.
Refex has been consolidating and price action/volumes not showing any weakness.
It has retested the last breakout level which acts as a demand zone now.
Buy ABOVE breakout level for a safe trade! 1:3 RR ratio is possible!
Levels mentioned on chart.