Short Term Trading idea, Positional base view
Hello everyone, i have brought a positional trading idea, Stock has given breakout of it's neckline, chances are higher for upside from here, stock name is Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers. It is a subsidiary of Zuari Fertilisers and Chemicals Limited, an Adventz Group.
Technicals:-
Stock is trading above 200-DEMA
MACD and RSI is giving bullish crossover (RSI AND DEMA i have not placed here, but i have done analysis for these indicators)
Spike in volume is supporting breakout.
Stock is good for short term positional base for given targets above in chart.
Market Cap
₹ 1,541 Cr.
Current Price
₹ 130
High / Low
₹ 156 / 94.4
Stock P/E
9.95
Book Value
₹ 79.3
Dividend Yield
1.15 %
ROCE
16.6 %
ROE
17.8 %
Face Value
₹ 10.0
Industry PE
31.5
Debt
₹ 1,039 Cr.
EPS
₹ 13.1
Promoter holding
60.6 %
Intrinsic Value
₹ 111
Pledged percentage
48.1 %
EVEBITDA
5.40
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
34.6 %
Sales growth 5Years
4.31 %
Return over 5years
26.9 %
Debt to equity
1.11
Net profit
₹ 155 Cr.
ROE 5Yr
15.5 %
Profit growth
11.7 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Technicals:-
Stock is trading above 200-DEMA
MACD and RSI is giving bullish crossover (RSI AND DEMA i have not placed here, but i have done analysis for these indicators)
Spike in volume is supporting breakout.
Stock is good for short term positional base for given targets above in chart.
Market Cap
₹ 1,541 Cr.
Current Price
₹ 130
High / Low
₹ 156 / 94.4
Stock P/E
9.95
Book Value
₹ 79.3
Dividend Yield
1.15 %
ROCE
16.6 %
ROE
17.8 %
Face Value
₹ 10.0
Industry PE
31.5
Debt
₹ 1,039 Cr.
EPS
₹ 13.1
Promoter holding
60.6 %
Intrinsic Value
₹ 111
Pledged percentage
48.1 %
EVEBITDA
5.40
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
34.6 %
Sales growth 5Years
4.31 %
Return over 5years
26.9 %
Debt to equity
1.11
Net profit
₹ 155 Cr.
ROE 5Yr
15.5 %
Profit growth
11.7 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Best Regards,
Rahul Pal
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
Contact us for High Accuracy above 85% Paid Trading Advisory & Portfolio Management Services & Learning Programmes.
Whatsapp:- +919560604457
Rahul Pal
(Full Time Trader & Investor)
Join Free telegram t.me/TraderRahulPal1
Contact us for High Accuracy above 85% Paid Trading Advisory & Portfolio Management Services & Learning Programmes.
Whatsapp:- +919560604457
Related Ideas
