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Rolex Rings Ltd Analysis!!
#ROLEXRINGS

A detailed thread 🪡🧵
#StockMarket #Investing
About -

Rolex Rings Ltd is one of the top 5 forging cos in India in terms of installed capacity & a manufacturer & global supplier of hot rolled forged & machined bearing rings & automotive components for segments of vehicles including two-wheelers, passenger vehicles,
commercial vehicles, off-highway vehicles, electric vehicles), industrial machinery, wind turbines & railways, amongst other segments. It supply domestically & internationally to large marquee customers including some of the leading bearing mfg cos, tier-I suppliers to global
Read 19 tweets
I have tried to analyse the stocks that were listed after 1 Jan 2021
&
Currently trading within 10% from their All-Time High.

You can track the performance of other IPOs as well,
👇
docs.google.com/spreadsheets/d…

#nifty50 #stocks #stockstowatch #StockMarket #ipo
1. MANYAVAR: 1287
ATH: 1325 (3%)

- Took support at 21 EMA
- Consolidating in a box near All-Time High

Resistance: 1325
Support: 1180

#manyavar

1/15
2. DATAPATTNS: 1067
ATH: 1098 (3%)

- Moved 32% in just 4 days
- Rounding pattern breakout

Resistance: 1095
Support: 1015

#datapattns

2/15
Read 17 tweets
How to Spot New Leaders in BEAR Market

A Short Thread🧵

If you want a Youtube Video drop a " YES"
Inspiration and credits: Mark Minervini sir
Youtube Link :

1/n
What to Look for ?

2/n
Read 16 tweets
Magic of IPO Listing High/Base Break-Out

Reasons for BO:
1. Entry of Fund House
2. Delivered as mentioned by Mgmt.
3. New favouring Govt Policies.
4. Need of hours of the product.
Types of IPO BO Candidate. Three kinds:
#IPO_Candidate_1 - Premium Listing followed by 15-45% corrections. 2-4x Potential after listing high BO, Time-frame – 1yr. e.g. #INDIAMART #HAPPSTMNDS #MTARTECH #POLYCAB #ANURAS #AFFLE
Read 15 tweets

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