Wednesday, August 19, 2020

Future Retail Limited | FRETAIL | Share/Stock Price Volume Break Out | Fundamental and Technical

Future Retail Limited 

CMP : 119


Future Retail Limited engages in retailing fashion, household, and consumer products primarily in India. 
➽The company offers large format stores under the Big Bazaar, FBB, Hypercity, and Foodhall brand names.
➽ It also operates small format stores under the Easyday, Heritage, and Nilgiris names. 
➽In addition, it operates WH Smith, a stationer, bookseller, and newsagent in the United Kingdom, and food retailer under the Foodworld brand name, as well as other stores under the Central, Brand Factory, and Aadhaar brand name.

FRETAIL Key Strength

➽Stocks where Mutual Funds Increased Holdings in Past Month
➼Promoters increasing shareholding
➽397.8% returns for Nifty 500 over 5.9 years
➽Growth in Net Profit with increasing Profit Margin (QoQ)
➽Increasing profits every quarter for the past 2 quarters
➽Company with decreasing Promoter pledge

➽MACD crossed above signal line previous end of day

FRETAIL Key Weaknesses

➽MFs decreased their shareholding last quarter
➽Decline in Quarterly Net Profit (YoY)
➽Decline in Quarterly Net Profit with falling Profit Margin (YoY)
➽Degrowth in Quarterly Revenue and Profit in Recent Results
➽Low Piotroski Score : Companies with weak financials
➽Companies with High Promoter Pledge

➽Recent Results : Fall in Quarterly Revenue and Net Profit (YoY)

FRETAIL  Technical Price Chart

=> On 19 August 20 , FRETAIL stock breakout the its near Resistance level of 110 with abnormal volume . 
=> It indicates that the stock is ready to test the second resistance level of 150 in the upside. So it can long with further upside momentum in the price.

Grasim Industries Limited ( GRASIM ) | Price-Volume Pattern Breakout

FRETAIL Recent Quarterly Reults

Note : Dear Friends what is your opinion and outlook for the FRETAIL, please comment below in the Comment Box. Thanks for reading.

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