RACL Geartech - wonderful bo All time weekly , good bo , chartwise looks good, more steam left , stay cautious with strict stoploss if invested , all the best by KarthikramChitavaramSreenathan1
RACl gear chart analusisFrom main rising channel trying to form down ward chanel. As of now main green channel lower trend line broken.and trying to from down ward channel. Below 500 main support is 483 on closing base bears can have upper hands any where between 483/414 4!4/375 Above 525 upside above @ 566 to high price is bulls area. As of now 483/566 for either side breakout area. Chart for study purpose. Chart movements and levels movement from 27/6/22 onwards.by pddave0
RACL GEARTECH 🎯900+BSE:RACLGEAR has a good price action structure. Much of the analysis done on chart. Targets- 800/860/900+ Sl: below 620 Position size accordingly. HAPPY TRADING!Longby PriceActionSpotterUpdated 1
[Long] RACL geartech Flag Pattern Purchase should be in the green accumulation zone. SL to be placed at 8%. Fundamentally strong. Momentum is +.Longby abiXMRUpdated 1
RACLGEARTECH - VCP pattern observed#RACLGEAR BSE listed Long suggested above 73. Stop 65 Target Open Logic : #VCP Volatility contraction pattern A TO B 43% C TO D 23% E TO F 13% Fundamentals Qn-4 Qn-3 Qn-2 Qn-1 Sales 13.1% 18.7% 77.0% 53.1% OP -0.7% -9.0% 13.7% 165.3% NP 53.7% 45.2% 68.0% 147.7% OPM 8.50% 8.80% 14.76% 13.36% NPM 3.23% 4.68% 10.71% 4.20% Positives - EPS has been on an exponential grwoth for the last 4 quarters. Negatives - Debt to Equity 0.82 Mkt cap Rs 70 cr Promoter holding 48% (15% pledged; 33% unpledged) HIGH RISK INVESTMENT. HENCE PLEASE ENSURE YOUR POSITION SIZE IS AS PER YOUR RISK APPETITE POSITION SIZE CALCULATION: Eg : Total Capital allocated for trading stocks : Rs 10 lacs Risk appetite : 0.5% of Total trading capital = Rs 5,000 Entry price 73 Stop 66 Risk planned in this stock = Rs 7 Position size 5000 / 7 = 714 (Around 710 to 720) So when 715 stocks are bought and if price reaches the stop of 66, the loss is Rs 5000 which is the risk accepted. Longby scorpiomanoj1