KEI breakout

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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 close below daily supertrend (for short term traders) or close below weekly supertrend (for long term investors)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Largest weekly price spread
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop

After a consolidation since December 2021, KEI has given a breakout today. By with a stop just below Rs.1172.
Nota
Other fundamentals:

Average ROE for last 3, 5 and 10 years above 15%.
Company has delivered good profit growth of 34.46% CAGR over last 5 years.
FII steak increased from 13.97% in September 2020 to 21.78% in December 2021.
Debt to equity at 0.16 (less than 1 is good), Interest Coverage at 11.8 (greater than 3 is good), Current ratio at 2.39 (greater than 1.5 is good), FCF to CFO at 67%.
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