Key stats
Market capitalization
54.158BINR
Dividends yield (FY)
—
Price to earnings Ratio (TTM)
28.35
Basic EPS (TTM)
70.05INR
About ROLEX RINGS LTD
ISIN
INE645S01016
Sector
Producer Manufacturing
Industry
Metal Fabrication
Website
rolexrings.com
CEO
Manesh Dayashankar Madeka
Headquarters
Rajkot
Employees
2.603K
Founded
1977
Rolex Rings Ltd. engages in the manufacture and sale of machined and forged rings and auto components. It operates through India and Outside India geographical segments. The company was founded by Manesh Dayashankar Madeka and Rupesh Dayashankar Madeka in 1977 and is headquartered in Rajkot, India.
#SHORTTERM #SWING #NSE ROLEXRINGRolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways
ROLEXRINGS Swing Trade1. Bullish Engulfing on Weekly TF.
2. Made Higher Low around 1700 levels.
3. Doji followed up with Bullish candle (where Open = Low).
4. a. Very good Risk to Reward (about 1:3) in short term.
b. Risk: Reward - 1:5 in longer time frame
CNHcup completed and vol emergence in RH side.
shakeout done twice and at ATAH...
out performing index also recipe for good rewards
Rolex Rings Rolex Rings - Good technical chart. Auto sector looking strong..can show good return in coming months
ROLEXRINGS: At Breakout of 3rd PC | Target 2300 (15%+ Upside)Another Script supporting wonders of PC ( Parallel Channel ) #WondersOfPC
ROLEXRINGS (CMP: 19699.15)
--> ALL 3 Parallel Channels namely PC-A, PC-B & PC-C are of SAME WIDTH & SLOPE !!
Isn't it wonderous!!
Current Status:
-At breakout level of PC-C Upper line
-If the coming days candle goes above 18
#RolexRings case study when resistance line turns into support#RolexRings tried to cross 1350 levels three time in 6 months of 2022 and as successful in doing that 3rd time. After which it gave 40%+ return in 2 months
Target 1 achieved in ROLEXRINGS, Gain of 25%, Target 2 is ON..NSE:ROLEXRINGS
Here is the Previous Chart:
Chart is self explanatory. Levels of breakout, possible upmove where stock may find resistance and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This i
Retracement Plus Trendline Breakout.PLEASE WATCH MY ANALYSIS ON INDEX TO GET MORE CLARITY ON MY ENTRY. (Available in my profile)
1 Day Timeframe
- Good breakout, retracement + bullish candle
1 Hr timeframe
- Good trendline formation
15min
-Consolidation and breakout. Chance for a small retracement.
MY ENTRY ONLY IF
1hr candle cl
See all ideas
Income Statement
Balance Sheet
Cash Flow
Earnings
Next:—
0
Revenue
0