Ethos is a business consisting of trading of watches, accessories and luxury items and
rendering of related after sale services. The sector of business is a niche segment and
expecting the future with more people preferring premium segment watches as a
status symbol and the brand has an array of premium watches pricing from lakhs to
crores. The stock is yet to get...
Lets Wait and Watch for a Perfect Entry....
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This is not any investment/swing/intraday trade call/advice.
If you like, please like the idea.
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Hi, I would like to share this idea with you all on the basis of the price action analysis.
Pleasure to have you...
Annual growth of 46% is outstanding, Pre-tax margin of 5% is okay, ROE of 10% is good.
Luxury watch business
The company has a reasonable debt to equity of 12%
Stock retraced and took 50 EMA support
And retraced with low volume
I will look into it once it crosses 1045
Provided Elliot Oscillator turns positive along with stochastic bar on top
