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Monday, 24 July 2017

Equity Positional - Thangamayil Jwellery - Flag Pattern Breakout - 25 July 2017


Thangamayil Jwellery - CMP 285.50

Segment  - SMALL CAP
Risk Category - High Risk

Why should Stock attractive at current price or if get pullback till 270 - 

* Flag Pattern Breakout or Good Consolidation Breakout above 272 
* Price Sustaining above 200 Moving Average and breakout 
* Volume is rising near Breakout 
* RSI moved above 60 which is bullish zone 
* Fundamental Ratio is getting improving 
* Attractive PE 26.78% 
* Equity Debt Ratio - 0.79 (Almost Debt Free Stock) 
* Flat Target comes near 320 
* Initial Stop 270 (final Stop 230)

Suggested to apply Money Management Strategy to gain to achieve Prudence Risk Reward.


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