AIAENG | Swing Trade📊 DETAILS
Sector: Engineering - Industrial Equipments
Mkt Cap: 35,316 cr
AIA ENGINEERING LIMITED was established in 1979 at Ahmedabad, India.. They are into designing, developing, manufacturing and installation of abrasion and corrosion resistant castings. It’s the Second Largest Hi-Chrome casting producer in the world.
The company has 11 subsidiaries in countries including India, UAE, UK, USA, etc,.
TTM PE : 29.01 (Low PE)
Sector PE : 29.84
Beta : 0.13
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
3.36% away from 52 week high
Outperformer - AIA Engineering up by 3.27% v/s NIFTY 50 up by 0.72% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 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.
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AIAENG
Aia Engineering Limited - Long Setup, Move is ON...#AIAENG trading above Resistance of 4314
Next Resistance is at 4862
Support is at 3426
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Aia Engineering Limited - Long Setup, Move is ON...#AIAENG gave an entry at 2068.10 on breakout.
Has moved from 2068.10 to 3498.95 levels.
It is now trading above Resistance 2 of 3426.
Next Resistance 3 is at 4314
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Resistance 1/Target 1 achieved in AIAENG. Resistance 2 is ON.This is follow-up on AIA Engineering. Can also check link to related ideas.
Resistance 1/Target 1 achieved. Resistance 2/Target 2 is ON as it is comfortably trading above resistance line of 2538. Has moved more than 28% since breakout at 2068.10
Here is previous chart.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
AIAENGAIAENG:- Rounding bottom pattern has formed, wait for breakout, till then keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
AIAENG - Breakout PossibleThe stock is on the cusp of the breakout of its resistance. It tried to breakout but was unsuccessful on Friday, 3rd September.
There has been in increase in volumes in the past few days, and the RSI indicator is bullish, suggesting a possibility of breakout soon.
Initiate the trade ONLY if the stock is sustaining levels above 2100, for the targets stated in the chart.
The stop loss can be maintained at 1996, or you can refer the fibonacci retracement levels given in the chart and place a stop loss basis your own risk profile.
Please follow us for more trading setups like these.
If you have any queries/suggestions related to above pattern, feel free to type below in the comment section.
Do show your love by pressing the like if you liked the idea.
DAILY SWING CALL // Friday 14th of May 2021 // NSE: AIAENGDAILY SWING CALL // Friday 14th of May 2021 // NSE: AIAENG
// This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
CMP / LTP: 1920.75
TARGET: 2208+ (15% Around)
STOP LOSS: 1728 (10% Max)
Standard Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is on +12-15% & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested for all my trades and is an indicative period.
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
🔹AIA Engineering Ltd the hidden man🔹all observations mentioned in the chart
little risky guys
buy @1840-60 range
strict sl below 1780🙏🙏
trgt 1950-2085-2230🎯🎯
long term 2500++
note guys dont go with a sudden buy.just keep it on radar.dont know when it gives reversal, anyway wait for that reversal and go with a buy. 🙏🙏
💠 why i said it risky 💠
check the numbers(1-3) that I plottted in the chart
✔yes!! it's a down side head and shoulder
1- head
2- left shoulder
3- right shoulder
✔note that q3 is not much postive
💠 then WHY I shared it for short term ? 💠
✔till now stock moving beautifully in an uptrend line
✔silent accumulation going on
✔big hands accumulating stock
✔gradually increasing Y-O-Y profit
✔symmetric triangle
✔good growth expecting company
weekly chart👇👇
🍂about the company🍂
AIA Engineering is engaged in one of the worlds leading manufacturers of value-added, impact abrasion, and corrosion resistant High Chrome Mill Internals (HCMI).(Source : 201903 Annual Report
Swing Trade Idea #211 : Long on AIAENGThis is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.