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Ascending Triangle

ESAB INDIA - Could it be a Multibagger !!!Stock P/E 48.0 Industry PE 40.1 Dividend Yield 3.70 % ROCE 32.0 % ROE 23.5 % Face Value ₹ 10.0 ROCE3yr avg 23.9 % ROE 5Yr 14.0 % Piotroski score 7 OPM 12.8 % OPM 5Year 11.1 % Promoter holding 73.7 % Free Float Mkt Cap ₹ 766 Cr. Pledged percentage 0.00 % Debt to equity 0.01 Intrinsic Value ₹ 1,687 Technically: - Brokeout after a long box consolidation and now it has formed an Ascending Triangle Pattern. I see a TARGET of 2375 sooner than later. Momentum index > 0 - POSITIVE Relative Strength rising over Nifty - POSITIVE
NSE:ESABINDIALong
by CannySunny
AMARAJABAT is waiting for breakout above 965(Ascending triangle)NSE:AMARAJABAT Levels mentioned in the chart... Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions.. 4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
ALong
by tradingrhythm1
COCHINSHIP can Sail to the other side?COCHINSHIP has given a breakout from Ascending triangle pattern which it has been trading under from the last three months. The target, according to the pattern, is near to the possible 2-year trendline. If it can cross these levels, the next resistance can be High of the previous swing which is around 490 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading.
NSE:COCHINSHIPLong
by jayaprakash99