1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2022,
MURUDCERA
has given a breakout today. Buy with a stop just below ₹32. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also)
Strengths: -
1. TTM Sales growth is at 55%, TTM Profit growth is at 307%, quarterly sales growth is at 84% and quarterly profit growth is at 167%
2. Debt to equity at 0.24 (less than 1 is good), Current Ratio at 1.55 (greater than 1.5 is good), FCF to CFO at 56.8%
3. Debtor days have improved from 119 to 66.2 days
4. Promoter holding has increased by 1.37% over last quarter
5. Stock is trading at 0.54 times its book value
Weaknesses: -
1. The company has delivered a poor sales growth of 2.96% over the past five years
2. The company has a low interest coverage ratio
3. The Company has a low return on equity of 0.81% over the last 3 years
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since January 2022,
MURUDCERA
has given a breakout today. Buy with a stop just below ₹32. (One can use the low of the previous bar/supertrend indicator/previous support point/fixed percentage from the buy price as stop loss also) Strengths: -
1. TTM Sales growth is at 55%, TTM Profit growth is at 307%, quarterly sales growth is at 84% and quarterly profit growth is at 167%
2. Debt to equity at 0.24 (less than 1 is good), Current Ratio at 1.55 (greater than 1.5 is good), FCF to CFO at 56.8%
3. Debtor days have improved from 119 to 66.2 days
4. Promoter holding has increased by 1.37% over last quarter
5. Stock is trading at 0.54 times its book value
Weaknesses: -
1. The company has delivered a poor sales growth of 2.96% over the past five years
2. The company has a low interest coverage ratio
3. The Company has a low return on equity of 0.81% over the last 3 years
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.