CANTABIL breakout
업데이트됨
1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after a consolidation in 7th february 2022,
CANTABIL gave a breakout on 1st April 2022. This breakout came on the backdrop of quarterly sales growth of 35%, quarter profit growth of 134%, TTM sales growth of 32% and TTM profit growth of 436%. It is a buy with a stop just below Rs.925.
Other fundamentals:
1. CANTABIL caters to the middle class with over 300 stores across India. It markets its products under the following brands:
CROZO is an exclusive brand for women.
Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years with high fabric quality and a soft hand feel.
KANESTON is present in the hosiery industries and deals in men’s accessories like innerwear, ties, deo, etc.
2. It has 378 Exclusive Brand Outlets.
3. It entered the e-commerce space through Flipkart, Amazon, etc. in FY20.
4. Its target is to reach over 650 stores with a target turnover of Rs.1000 crores by 2025 by providing the best brand mix.
5. Debtor days improved from 23 in March 2019 to 6 in March 2021.
6. Promoter holdings increased from 74.23 in September 2020 to 74.81 in December 2021.
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
after a consolidation in 7th february 2022,
CANTABIL gave a breakout on 1st April 2022. This breakout came on the backdrop of quarterly sales growth of 35%, quarter profit growth of 134%, TTM sales growth of 32% and TTM profit growth of 436%. It is a buy with a stop just below Rs.925.Other fundamentals:
1. CANTABIL caters to the middle class with over 300 stores across India. It markets its products under the following brands:
CROZO is an exclusive brand for women.
Lil’ Potatoes is an exclusive brand for kids from 3 - 14 years with high fabric quality and a soft hand feel.
KANESTON is present in the hosiery industries and deals in men’s accessories like innerwear, ties, deo, etc.
2. It has 378 Exclusive Brand Outlets.
3. It entered the e-commerce space through Flipkart, Amazon, etc. in FY20.
4. Its target is to reach over 650 stores with a target turnover of Rs.1000 crores by 2025 by providing the best brand mix.
5. Debtor days improved from 23 in March 2019 to 6 in March 2021.
6. Promoter holdings increased from 74.23 in September 2020 to 74.81 in December 2021.
노트
CANTABIL up by 11%. Buy call given on 3rd April.노트
CANTABIL up by another 6%. Buy call given on 3rd April.
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