RKEC - DOUBLE BOTTOM FORMATION WITH A BREAKOUT
Hi All,
THis idea is about RKEC Projects Ltd
Fundamentals
Mkt Cap - 308 Cr
Stock PE - 15
ROE - 12.5%
ROCE - 15.5%
Mkt Cap/Sale < 1
D/E - 0.83
Quick Ratio - 1.09
RKEC Projects Ltd is in the business of Civil and Defence Construction
Technical Analysis
As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70% while forming both bottoms.
It has given a successful breakout and first resistance has been marked. This trade can continue till next results as it could give a surprise being in a sector which is having strong tail winds.
Happy Trading,
Thanks,
Stock-n-Shine
THis idea is about RKEC Projects Ltd
Fundamentals
Mkt Cap - 308 Cr
Stock PE - 15
ROE - 12.5%
ROCE - 15.5%
Mkt Cap/Sale < 1
D/E - 0.83
Quick Ratio - 1.09
RKEC Projects Ltd is in the business of Civil and Defence Construction
Technical Analysis
As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70% while forming both bottoms.
It has given a successful breakout and first resistance has been marked. This trade can continue till next results as it could give a surprise being in a sector which is having strong tail winds.
Happy Trading,
Thanks,
Stock-n-Shine
การซื้อขายยังคงดำเนินอยู่
UC at 10%การซื้อขายยังคงดำเนินอยู่
8% move made a high of 143การซื้อขายยังคงดำเนินอยู่
RKEC now 11% up from the price when idea was shared. It is trading at ATH with increasing retail participationการซื้อขายยังคงดำเนินอยู่
Made a all time high of 148.7 & looking strong to make new highs
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน