Bharat Gears Breakout
Cập nhật
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 November 2021,
BHARATGEAR has given a breakout today. Support around ₹165.
Strengths: -
1. TTM Sales growth is at 21% and TTM Profit growth is at 78%
2. The company has delivered good profit growth of 78.3% CAGR over the last 5 years
3. Record Date for Bonus Issue (in the ratio of 1:2) of Equity Shares of the Company is September 28,2022
4. CRISIL Ratings had on 19th May 2022, upgraded its rating on the long-term bank loan facilities of the company(please go through the credit rating report for better understanding)
Weaknesses: -
1. Company has a low return on equity of -1.40% for last 3 years
2. June quarter OPM dropped to 6.65% from 10.77% a year ago
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 advices 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 November 2021,
BHARATGEAR has given a breakout today. Support around ₹165.Strengths: -
1. TTM Sales growth is at 21% and TTM Profit growth is at 78%
2. The company has delivered good profit growth of 78.3% CAGR over the last 5 years
3. Record Date for Bonus Issue (in the ratio of 1:2) of Equity Shares of the Company is September 28,2022
4. CRISIL Ratings had on 19th May 2022, upgraded its rating on the long-term bank loan facilities of the company(please go through the credit rating report for better understanding)
Weaknesses: -
1. Company has a low return on equity of -1.40% for last 3 years
2. June quarter OPM dropped to 6.65% from 10.77% a year ago
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 advices from your advisors before jumping in.
Ghi chú
Touched Rs.250 today, up 25% from initial buy price.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.