12156 Triangle breakout

1. Technical Analysis
a) Triangle breakout
b) Weekly Mr.14 Set up
c) Lower high formation evident
d) Positive volume accumulation
e) Consolidation breakout
f) Consumption section breakout support
g) vwap breakout
h) weekly breakout
i) monthly breakout
j) SL compulsory

2. Fundamental Analysis
a) Market leader in edible oil sector
b) Consistent sales growth
c) OPM(operating margin)% greater than 15
d) Low debt organization
f) Year on year (yoy) obsolete profit is increasing
h) Good growing reserves
i) Positive cash flow
j)ROCE % greater than 40 consistently
k) Promotor holding selling (% wise is insignificant) on march 2024.
l) FII holding greater than 20%

3. Trading mindset requirements (practice perfection)
a) It’s easier to comprehend and execute a new skill when you master one small task or procedure at a time. Over time, you string together each step as part of one coordinated process.
b) Avoid conflicting priorities.
c) Using mental imagery is particularly effective
because you literally “think” with your muscles and can trick your subconscious mind into “seeing” events as if they were actually occurring.
d) Jack Nicklaus (Successful Golf player) said, “I never hit a shot, not even in practice, without having a very sharp picture of it in my head.
e) The basketball player expects to make a high percentage of free throws because the visualized “practice” was so effective—it’s as if the player has been there before. Hence, even in trading and investments visualization practice is much necessary.