-Good EPS growth, thats what always look for. -73 days consolidaiton under major resistance, breakout can initiate good above move.
( Educational post ) Ace constructions recently breaking out its monthly flag patterns which may be a good sign for upcoming months. Study this stock which may generate good return in coming months. Market Cap ₹ 3,016 Cr. Current Price ₹ 253 High / Low ₹ 292 / 175 Stock P/E 23.3 Book Value ₹ 63.3 Dividend Yield 0.24 % ROCE 22.5 % ROE 16.4 % Face Value ₹...
ACE construction is forming a contracting triangle of waves ((4)). To draw parallel lines, I have connected wave ((2)) & wave ((4)) and merged with wave ((3)). Wave ((1)) - Five wave impulse wave ((2)) - Sharp correction - 50% retracement of wave ((1)) Wave ((3)) - Five wave impulse - Power extend Wave ((4)) - Contracting triangle - sideways...