NSE:AETHER small cap scrip is forming triangle pattern. Revenue and income is consistently growing. Dept to ratio of 0.38 might be a concern, but its actually reduced from 0.61 in 2018, which is a good sign. But PE ratio is high compared to its peers and sector PE. Its good enough to enter in 840 to 920 range, and enter more on breakout. Key note : Always...
According to Mr. Peter Lynch's strategy , when a stock is trading below its recent / all time high but is producing its highest ever income, that its a good place to buy low, and then sell high. NSE:BSOFT is a small cap scrip trading at Rs.318.3 which is 45% below its all time high Rs.585.85. Revenue is growing, income is growing, dept to asset ratio is less,...
NSE:TATACONSUM a less known company with well known products like TATA salt, TATA tea, Tetley green tea and Starbucks and much more, have finally broken out of its triangle consolidation after 6 failed attempts in the past one year. Fundamentally & financially strong with consistent group in revenue & profits, low dept to assets ratio, consistent dividend yield,...
NSE:ZEEL is forming continuous HL (Higher lows) for 50 trading sessions, and in a triangle consolidation with 3 hits on the resistance line. Entry : On strong breakout from the triangle Exit : If breakout is invalidated Target : Exit at 15%, follow strict SL due to below Cons mentioned Pros : Low Dept to assets ratio, revenue marginally above expectations...
NSE:OFSS is nearing triangle breakout Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on strong close above 3180 Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line Target : 4200, giving around 32% returns from current price of 3147.70....
NSE:MAPMYINDIA is nearing triangle breakout Entry : Wait for breakout with volume above average and then take position Exit : When the setup is invalidated by false breakout Target : T1 1500 T2 1650 T3 1800, giving around 11% 22% 33% returns from current price of 1345.95. Follow trailing stoploss as T1 while waiting for T2, etc. Smallcap IT related company with...
NSE:SWSOLAR is in triangle consolidation Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on bounce of the triangle's support line Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line Target : T1 400, T2 500 on strong breakout, giving around...
NSE:OLECTRA is nearing triangle breakout Entry : Wait for breakout with volume above average and then take position Exit : When the setup is invalidated by false breakout Target : Can be anything below 940, giving around 50% returns from current price of 591.5. However start booking partial profits at 720 and above. Fundamentally income statement is good, debt...