Sunday 17 November 2019

11 Month Consolidation Breakout :Stock To Watchout


*Sales Growth (3Yrs): 14.47 %
*Debt to equity: 0.24
*Price to book value: 4.19
*Market Cap to Sales: 3.12
*Healthy dividend payout of 23.30%
*Technically 11 Month consolidation Breakout.
*Trading abv 200 MovingAvg

"Buy Near 1992-40 zone or Buy abv 2088 For Tgt 2266/2466++ SLCB 1888"

Do Proper Position Sizing Before buying..
Example: i)If u have 10Lac as Total Capital.. Take Risk of 2%
So 2% of 10lac is 20000

ii)Difference Between your Entry Point and SL ..
Im assuming 1990 Entry Point & Sl Point 1888 So 102 rs is my risk Per Quantity
20000/102 = 196 So Buy Max 196 Quantity of Alkem..
if u want to take 1% Risk then 98 Quantity.  

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