TradingView
Munish_Jain
Jan 19, 2024 9:55 AM

DCW | Positional Trade Long

DCWNSE

Description

📊 DETAILS
Sector: Commodity Chemicals
Mkt Cap: 1,871 cr

DCW Ltd is engaged in manufacture and sale of a diverse range of products with a focus on commodity chemicals, specialty chemicals and intermediate products.

TTM PE : 19.43 (Average PE)
Sector PE : 17.15
Beta : 1.04

📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators

6.15% away from 52 week high
Outperformer - DCW up by 12.89% v/s NIFTY 50 up by 0.65% in last 1 month

📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials

Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.

🔍 More Analysis & Trade Setups 🔍
For more technical analysis and trade setups, make sure to follow me on TradingView: tradingview.com/u/Munish_Jain/

Trade active

Trade closed: target reached

T1
Did not book any profit. Hold for bigger targets

Trade closed: stop reached

Don't worry if SL getting hit. It is opportunity to disinvest. Saving capital is priority
Comments
mintoodave
Awesome!
decimalBird93780
Ji M & M Financial looks like the break out in daily time frame ji
Pl check and comment ji
Munish_Jain
@decimalBird93780, Amazing chart. Will post an idea
decimalBird93780
@Munish_Jain, Thanks ji. Learning from u
Munish_Jain
@decimalBird93780, Risky to buy below 296, let's see
decimalBird93780
More