Buy VIP Industries for Positional Trading as well as Investment.๐ธ๐ฅ๐ธ
Comment your viewsโผ๏ธ๐
.
๐กKey triggers for future price-performance:
1) Strong manufacturing capabilities in Bangladesh (for soft luggage) gives VIP an edge over its peers who depend mainly on imports.
2) Given the companyโs healthy balance sheet (net debt-free), we expect VIP to be able to manage effectively amid the challenging environment
.
โ๏ธ Technically & Fundamentally Strong๐ช๐ช
Good QoQ & YoY Q3 result.
.
๐@technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share ๐๐๐
Comment your viewsโผ๏ธ๐
.
๐กKey triggers for future price-performance:
1) Strong manufacturing capabilities in Bangladesh (for soft luggage) gives VIP an edge over its peers who depend mainly on imports.
2) Given the companyโs healthy balance sheet (net debt-free), we expect VIP to be able to manage effectively amid the challenging environment
.
โ๏ธ Technically & Fundamentally Strong๐ช๐ช
Good QoQ & YoY Q3 result.
.
๐@technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
1. Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-7% in any stock & more than 25% in any particular or related sector. If stock is risky don't invest more than 2-3%.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share ๐๐๐