Amazing breakout on WEEKLY Timeframe - AARTECHCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN WEEKLY TIMEFRAME ABOVE THIS LEVEL.
Checkout an amazing breakout happened in the stock in Weekly timeframe.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
AARTECH trade ideas
Aartech Solonics Ltd Incorporated in 1982, Aartech Solonics Ltd is a manufacturer of Electrical Machinery and Apparatus N.E.C.
Company is a system solution-oriented R&D enterprise in the field of specialized and selected energy appliances. Company manufactures electricity distribution & control apparatus.
AArtech SOLONIC Rising star from defense sector
Aartech SOLONIC
Target 500 / 700 Long Term
The Indian Defence sector, the second largest armed force is at the cusp of revolution. The Government has identified the Defence and Aerospace sector as a focus area for the ‘Aatmanirbhar Bharat’ or Self-Reliant India initiative. Many PSU`s in defense space has given multi-bagger returns in past 1 to 2 years. We have identified a Micro-cap gem in this space.
Aartech Solonics is a manufacturer of Electrical Machinery and Apparatus N.E.C. Company is a system solution-oriented R&D enterprise in the field of specialized and selected energy appliances. Company has ROCE of 8.31% and ROE of 5.19%. It is a regular dividend paying counter having dividend yield of 0.34%. Company has minimal debt of 2.66Cr with debt equity ratio of just 0.02x.
Also, company has recently made some investments in UK by forming subsidiary under the name of Aartech Solonics UK Limited. We expect some technical investments by company through this subsidiary.