Target 59.10 , Duration 6 months.....Breakout happened , good earnings , Up Trend is going on So target 51.90 .. Duration is max. 6 months.
BNRSEC trade ideas
B N Rathi Securities Ltd.Asymmetrical Triangle Pattern: Weekly Basis
Trendline Price BreakOut, If Sustains, Good to Go!
Vol. BreakOut. Need to Sustain.
*With Price Up, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Engaged in Securities Broking.
Also deals in Depository Operations / Institutional Equities.
Increasing Trading/ Investment Activities in Equities +ve for Co.
Sales improving on Qtrly/Yrly Basis.
Sharp decline in Debt/Improving TNW. Growth in Equity. High C&CE.
Growing Cash Flow from Operations.
Increase in Promoter Stake since Mar'22.
*Concern:*
Slight deterioration in RoA/RoE/RoCE in FY22 vs. FY21.
Intensively Competitive Sector.
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
