Exists 101 in EthosAfter entry if you face big red candles how to deal with them, more over NSE:ETHOSLTD ,
you exit post fall down.
ETHOSLTD trade ideas
Long ETHOSEthos is a business consisting of trading of watches, accessories and luxury items and
rendering of related after sale services. The sector of business is a niche segment and
expecting the future with more people preferring premium segment watches as a
status symbol and the brand has an array of premium watches pricing from lakhs to
crores. The stock is yet to get famous among the public, but once it gets it hype, it can
give ample returns. Stock has given positive results for the past 2 years and expecting the same to continue.
ETHOS LTDETHOS LTD (1D)
CMP 1654.85
Stock price retested previous Resistance levels
Tightening near breakout level
Key moving averages sloping up
Sustained Earnings gap
ETHOS LTD - TECHNICAL ANALYSISLets Wait and Watch for a Perfect Entry....
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This is not any investment/swing/intraday trade call/advice.
If you like, please like the idea.
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Hi, I would like to share this idea with you all on the basis of the price action analysis.
Pleasure to have you here. This is an trading/investment analysis done for the Tickr, and potential in the Technicals.
if you like the idea please like the post :) It will be a motivation to further such ideas.
Disclaimer Note:-
1) This is just an analysis setup and no advice to take any position.
2) If you are making position, please have your risk to reward analysis and then enter.
3) The analysis and target shared does not mean i trade in them, entry and exit depends on the market open and other factors.
EthosAnnual growth of 46% is outstanding, Pre-tax margin of 5% is okay, ROE of 10% is good.
Luxury watch business
The company has a reasonable debt to equity of 12%
Stock retraced and took 50 EMA support
And retraced with low volume
I will look into it once it crosses 1045
Provided Elliot Oscillator turns positive along with stochastic bar on top
