Gabriel India

Friday, April 18, 2014

CMP: 37
Gabriel India Limited manufactures shock absorbers, McPherson struts, bimetal strips, bimetal bearings and front forks. The Company's products are sold to manufacturers of two wheeler scooters, motorcycles, cars, light commercial vehicles and trucks. Gabriel India sells its products in India and abroad.

Gabriel India is a decent bet in small cap space trading at a P/E of around 11 with dividend yields of 2% in the last 12 months. It runs at a debt of 65 Crores with 7 Crores cash in hand. Debt to profits ratio is at safe levels of less than 2 years. Revenues have risen from 538 Crores to 1196 Crores in the last 5 years. Profits have risen from 7 Crores to 38 Crores in the last 5 years. Profit margins have risen from just over 1% to well over 3% in the last 5 years. Buy and hold for long term gains.

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Weekly Fibonacci Levels - Nifty, Bank Nifty - 13th April 2014

Sunday, April 13, 2014

Below are the weekly Fibonacci levels for Nifty and Bank Nifty for the week ended 11th April 2014.

Currently, both Nifty and Bank Nifty are in the positive zone (Above 60%). Only a break in daily closing below weekly 40% might trigger a correction.

Nifty
6,650  (0%)  
6,717  (40%) 
6,752  (60%) 
6,819  (100%)

Bank Nifty
12,439  (0%)
12,685  (40%)
12,809  (60%)
13,055  (100%)

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Bracket Orders & Trailing Stop loss (SL)

Thursday, April 10, 2014

This video explains what a Bracket Order and Trailing Stop Loss is and how to use them efficiently

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