50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
Its 50 SMA Rising Strategy. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
20MICRONS trade ideas
20 Microns LTD have Broken All Time High With Very Good VolumeKey Activities
• 20 Microns invests in research &
development to develop innovative products
& processes that can be used in various
industries
Key Products.
White Pigment Opacifier
Synthetic Aluminium Silicate
High Performance Opacifier
Flash Calcined Clay
Matting Agent
Polyethylene Wax
Organo Clays
Calcium Carbonate
• Natural Baryte
• Natural Talc
• Natural Mica
• Natural Silica
• Calcined Kaolin
• The company works with close proximity with
its customers to provide customized
solutions based on their specific
requirements
Key Resources
• Mines
• Technology & R&D prowess
• Human Resources
• Trusted Brand Image
Cost Structure
• Raw material cost is ~50% of the revenue
• Other major costs are power & fuel, freight
& logistics accounts
Revenue Generation
• Revenue is generated from sale of industrial
minerals, specialty chemicals and branded
products.
• The company also generates revenue from
sale of its products outside India.
• The company has formed strategic alliances
and joint ventures with global players, which
help to expand its business and generate
revenue from new markets.
Revenue from Operations - ₹ 921.40 mn
EBITDA - ₹ 106.10 mn
EBITDA Margins – 11.52%
PAT - ₹ 32.40 mn
PAT Margins – 3.52%
Financial Performance Comparison FY24 v/s
FY23:
Consolidated revenue from operations
increased by 10.80% and stood at
₹7,774.93 Mn in FY24 from ₹7,016.87 Mn
in FY23. This growth was led by addition of
new customer and through enhancing our
core offerings through several strategies,
such as expanding distribution channels
and launching new products.
EBIDTA increased by 22.63% from ₹857.36
Mn in FY23 to ₹1,051.34 Mn in FY24
margins improved from 13.52% in FY24 to
12.22% in FY23.
PAT during the year stood at ₹561.60 Mn
in FY24 compared to ₹419.62 Mn in FY23
with margins improving to 7.22% from
5.98%.
20 Microns bounce back from 50% fibbonacci retracement levelthis is a case of perfect retracement from 50% fibonacci levels...from a high of 201, it retraced to 131 and started rallying then on..presently at 168 all technical indicators like moving averages,ichimoku cloud pattern are bullish..volumes are healthy..needs strong momentum which may come if Q4 results are good..results on 17 May..valuations are very reasonable at 10PE...if thigs play out,it could double from here in medium term
20MC - Can't Short, Wat doPretty good trade to take here - Weekly bearish divergence, a possible head and shoulders, and an otherwise boring company.
There's one problem, and one problem exactly : Neither does this stock have futures nor does it have options. Buy and hold only.
I wish I could short this - keeping the call for the fun of it, will revisit next year.