Monday, November 30, 2020

200% Effortless Returns on Invested Capital !! (EQUITY MARVEL PICK)

Hello All !! 

This will be a Stock Discussion, It's not any Ponzi Scheme or Get Rich Overnight Concept. 

Let's See What we Want to Say ... 


Stock in the Discussion Today : ACRYSIL LTD. 

The Company is Listed On BSE Only. 

Acrysil is engaged in manufacturing and trading of Quartz Kitchen Sinks, Stainless Steel Kitchen Sinks, Bath Products, Tiles, Kitchen Appliances and Accessories. 

The Company is Having Market Capital of Nearly 475 Crores. 
Current Market Price is : 178 (Face Value of Rs. 2.0 per share) 
The Book value is : Rs. 63.1 

We don't want to Discuss any Fundamentals of the Company as We are Technical Analysts and We Focus on What Charts are saying. 

If you remember Our Old Post on Aarti Drugs Ltd. You may Find some Similarity in Chart. Let's See the Chart first .. 


This is a Monthly Chart and I Hope you are able to see the similarity of Chart in terms of a Box Breakout. The Stock Was Consolidating for more than 5 years in a Small Range. The Range was 84 to 144 levels, which is approximately 60 Rs. 

During March 2020 Lows, the Stock Broke the Range, hit the Rising Trendline Support and Bounced back in the Range and then Moved higher breaking out of the Range above 144. Surprisingly the Monthly and Weekly Closing is Above the Long Term Box Resistance of 144 and Jumped to Close at 178. 

Technically it's a Breakout and the RSI indicator is also turning super Bullish on this Stock. The Stock managed to Close with a Super Bullish Strength Candle which will be supporting the Next move. 

As we have Seen in Past, Whenever we get a Breakout of this kind, The Stocks have Rallied Strongly and Out Performed Markets. 

Promoters Have Increased their stake from 42.42% to 44.04%, DII's are Active Buyers with a stake of 1.73% for the First Time in last 3 Months. The Company is making Consistent Profit growth of 20.5% CAGR over last 5 years and Company is maintaining a healthy dividend Payout of 18.09%. 

Overall Things Look good For the years to come and We expect this stock to be Surprise for Investors. 

Recommendation : 

ACRYSIL LTD. 
Recommendation : BUY 
Buy Range : 150-155 
Stoploss : Closing Below 144
Targets : 244 - 266 - 322 - 399 - 444

Time duration : 12 - 18 Months 
Do Not Invest if you need Overnight or Intraday gains, This is Not a Overnight Trade. 

One Can Accumulate the Stock Slowly upto 150, Start Small, Increase the Qty while buying Every Dip. 


Warning : 
  • The Stock is a Small Cap Stock with limited Liquidity and listed only on BSE. 
  • Though The Stock is doing good Fundamentally, their is always a Risk Associated with the Stock Market Investments. 
  • Do Not Trade with leverage 
  • Do not Overtrade and Jump in trades. 
  • Consult your Financial Adviser before jumping in the trade. 

Disclaimer : 
The Analyst Atul Shinde is a Global Market Expert and Certified Financial Adviser, He is Having more than 13 years of Experience in Analysis of Global and Domestic Markets and Managing funds for Overseas Investors. 

The Stock is Recommended to the clients under "EQUITY MARVELS" Subscription Service, For Details about the Service, Please Click on the name "EQUITY MARVELS" or Drop a Message on WhatsApp, Mail

The Adviser may be Contacted on following Details : 

WhatsApp : (+91) 8275 298 208 




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