Kernex Microsystems21/07/2024
Kernex Microsystems
CMP: 534.60
Target: 565-640-721
SL:506
Information is only for study purpose
KERNEX trade ideas
kernexKernex Microsystems Ltd specializes in manufacturing and providing Safety Systems and Software services for Railways. The company’s expertise in the Kavach system has positioned it as an attractive acquisition target for global entities such as Alstom.
Kernex Microsystems is actively involved in the production of the TCAS (Kavach) system, in collaboration with RDSO. Recently, the company secured a contract valued at ₹5.77 crores from Integral Coach Factory, Chennai, for the supply, installation, and commissioning of 08 Train Collision Avoidance System (TCAS) units, known as KAVACH.
Additionally, Kernex Microsystems has secured multiple contracts for supplying, installing, and commissioning the Kavach system, including a recent order from Integral Coach Factory, Chennai, for 8 TCAS units.
Kernex Microsystems High Risk but having potential. Kernex Microsystems India Ltd. engages in the manufacture and sale of safety systems and software services for railways. Its products include TrainSHIELD, ACD, LxGuard, SAFELx, CASRY, ATRW, and KTPIS.
Kernex Microsystems India Ltd CMP is 511.45. The positive aspects of the company are Company with Low Debt, Consistent Highest Return Stocks over Five Years - Nifty500. The Negative aspects of the company are declining profits, declining net cash flow and a negative PE. Promoter pledges are also high.
Entry can be taken after closing above 515. Targets in the stock will be 554 and 584. The long-term target in the stock will be 633 and 670. Stop loss in the stock should be maintained at Closing below 446 or 384 depending on your risk taking ability.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
2015 BREAKOUTThis stock is short-term Target 610
Stop loss of 360-365
Buying above the 435–440 level.
365 is the resistance working from December 2015
this stock broke for the third time
Valume is quite good
Stock fundamentals are not good
Don't consider buying and selling.
Manipulation 101 through wyckoff eyes..Kernex MicrosystemsDisclaimer.. not an investing/trading recommendation
not invested, tracking fundamentals....
