Blackrose - self AnalysisBlackrose - self Analysis
1) Accumulation going on
2) Solid support base
3) LEts see
BLACKROSE trade ideas
BLACK ROSE INDUSTRIES LTDInverted cup and handle observed
Hold with SL of 100 - Wait for results for further decisions
Financial Performance:
Revenue dip due to falling chemical prices and lower demand.
Manufacturing revenue reduced by 24% due to lower price realization and oversupply in China.
Good cash flow and zero long-term debts.
Margins and profits affected by lower demand and falling prices.
Market Cap
₹ 699 Cr.
Current Price
₹ 137
Stock P/E
88.2
Book Value
₹ 24.9
Dividend Yield
0.40 %
ROCE
9.53 %
ROE
6.35 %
Face Value
₹ 1.00
Promoter holding
75.0 %
EPS last year
₹ 1.55
EPS latest quarter
₹ 0.35
Debt
₹ 5.13 Cr.
Pledged percentage
0.00 %
Net CF
₹ 0.11 Cr.
Price to Cash Flow
31.1
Free Cash Flow
₹ 16.9 Cr.
Debt to equity
0.04
OPM last year
3.20 %
OPM 5Year
7.95 %
Reserves
₹ 122 Cr.
Price to book value
5.50
Int Coverage
6.95
PEG Ratio
-11.6
Flag pattern. At support.Flag pattern. One can accumulate this risky stock slowly. Trading at support. Fibo targets are shown in chart.
BLACKROSE WEEKLY Bullish GARTLEY
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
BLACKROSE 1HRBULLISH BAT
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
Gambling & CasinoBig breakout on weekly, daily and 4hr time frames.
Took 70% of my position in interval of 2 days.
Sl 4hrCB
WaitingI really like how this is setting up.
Waiting for break to add positions, I already have positions from 80 and 128 levels.
If it breaks below 115 I will close my existing positions.
Blackrose - Weekly Inside Bar breakout - ride with a trend TSLLong at 105 - TSL 2ATR on a closing basis (max 10%)
