50 SMA Rising- Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Penny Stocks are easy to manipulate please check the fundamentals of Company before Investing
AAREYDRUGS trade ideas
52 Week High Breakout - Swing TradeDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss best suitable for swing trading.
Target and Stop loss Shown on Chart. Target Ratio 1:3. Small Cap Stock.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Aarey Drugs & Pharmaceuticals Ltd
Target given in the chart
SL - as per your risk apetitie
Market Cap
₹ 161 Cr.
Current Price
₹ 63.5
High / Low
₹ 68.0 / 37.0
Stock P/E
24.7
Book Value
₹ 52.3
Dividend Yield
0.00 %
ROCE
4.44 %
ROE
3.78 %
Face Value
₹ 10.0
Price to book value
1.21
Intrinsic Value
₹ 32.8
PEG Ratio
-3.82
Price to Sales
0.34
Debt
₹ 31.4 Cr.
Debt to equity
0.24
Int Coverage
4.39
Reserves
₹ 105 Cr.
Promoter holding
45.3 %
Pledged percentage
0.00 %
EPS last year
₹ 1.84
Net CF
₹ 0.89 Cr.
Price to Cash Flow
-62.5
Free Cash Flow
₹ -3.30 Cr.
OPM last year
1.13 %
Return on assets
1.57 %
Industry PE
34.2
Sales growth
33.8 %
Resistance BreakoutPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
AAREY DRUGS 1 Month: Delivery volume increased by 119.65%
1 Day: Delivery volume increased by 443.33% over 5 day average
Aarey Drugs & Pharmaceuticals Limited is engaged in active pharmaceutical ingredient (API)/Bulk Drugs manufacturing and offers a range of products for various industrial applications. The Company is engaged in trading and manufacturing activities. The Company is a manufacturer and supplier of pharmaceutical raw materials, chemicals, pharmaceutical ingredients, API's drugs, food colors and flavors. The Company's assortment of pharmaceutical products includes Metronidazole and Metronidazole Benzoate. Its products include Monomethyl Urea (MMU, Dimethyl Urea (DMU), Theobromine (THB), Theophylline (THP) and Pentoxifylline (PTF). Its other businesses include aromatics chemical, chemical acid, chlor alkalis, industrial alcohols, industrial ketones, glycols and glycol ethers, fiber intermediates, industrial amines, acetates and esters, chlorinated solvents, industrial intermediates and industrial chemicals.
AAREY DRUGS #AREYDRG BULLISH TRENDINDICATOR ANALYSIS:
PLF - Profit chip in control, Losing chip 0%
TREND WAVE - Mid of uptrend, just start another round of uptrend after pull-back