Rupa Higher Top Higher Bottom

已更新
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 initial stop loss hit or daily RSI closing below 40
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 taking support at the 385-400 support zone, RUPA has created a high volume higher top higher bottom pattern on the daily charts. Buy with a stop just below Rs.434. Rupa has registered a TTM sales growth of 42% and TTM profit growth of 96% in the last quarter.

Other fundamentals:
1. Average ROE for last 3,5 and 10 years above 15%
2. Current PE of 18.78 is much less than 10 years average PE of 26
3. Company has been maintaining a healthy dividend payout of 31.16% (consistent dividend payer since 2010)
4. Debt to equity at 0.43 (less than 1 is good), Interest Coverage at 18.4 (greater than 3 is good), Current ratio at 1.98 (greater than 1.5 is good), FCF to CFO at 72.4%.
5. There are 18 sub-brands under brand Rupa -Frontline, Jon, Air, Macroman, Euro, Bumchums, Torrido, Thermocot, Kidline, Footline, Softline, among others.
6. Exclusive license for the brands:
a) French Connection UK (FCUK)
b) Fruit of the Loom (FOTL)
The FCUK and FOTL products have been launched at different locations in India.
7. Company's growth plans include expansion of footprints in South and Central India, as well as beyond Indian shores into international markets viz, the Middle East, South Asia, South East Asia, and others.

注释
Rupa up by 5%. Buy call given on April 12.
Chart PatternsFundamental AnalysisgoodfundamentalshighertophigherbottomRUPATrend Analysis

更多:

免责声明