Trade Entry: Market: BSE Stock: SREINFRA (SREI Infrastructure Finance Limited) Long/Short: Long Current Price: 86.10 Entry Price: 94 Time Frame: Daily
Type of Trade: Swing Trade
Reason For Trade: Conservative approach is required Aggressive approach has high-risk high reward ratio
Fundamentals Fundamentals are strong. Only net cash flow of the company on March 2016 was negative. Overall net cash flow is positive
Stop: 88.60
Target: Price Target 1: 100 Price Target 2: 124
Minuses: - Company has low interest coverage ratio. - Company has a low return on equity of 3.12% for last 3 years. - Contingent liabilities of Rs.1559.88 Cr.