Technical Analysis for Bector Food Specialties Ltd. (BECTORFOOD)
Trade Type: Swing trade for 3-12 months
Key Highlights:
Near strong support zone
Double bottom pattern indicating potential reversal
Targets marked based on technical levels
Stop Loss (SL): ₹1499 for risk management
📌 Disclaimer: This analysis is for educational purposes only and not investment advice. Please consult a financial advisor before making any trading decisions.
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BECTORFOOD
MRS BECTOR FOODMrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively
Annual Revenue rose 19.56%, in the last year to ₹1,642.95 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%.
Quarterly Revenue rose 17.43% YoY to ₹413.02 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%.
Annual Net Profit rose 55.83% in the last year to ₹140.36 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%.
Quarterly Net profit rose 21.56% YoY to ₹33.62 Cr. Its sector's average net profit growth YoY for the quarter was 5.99%.
Stock Price rose 61.86% and outperformed its sector by 50.39% in the past year.
PE Ratio is 53, lower than its sector PE ratio of 57.49.
Debt to Equity Ratio of 0.34 is less than 1 and healthy. This implies that its assets are financed mainly through equity.
Return on Equity for the last financial year was 21.17%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit.
Mutual Fund Holding increased by 3.24% in the last quarter to 20.42.
Promoter Share Holding increased by 0.01% in the most recent quarter to 51.18%.
Interest Coverage Ratio is 22.08, higher than 1.5. This means that it is able to meet its interest payments comfortably with its EBIT.
Promoter Pledges are zero.
Mrs. Bectors Food Specialities Ltd - Breakout Setup, Move is ON.#BECTORFOOD trading above Resistance of 1616
Next Resistance is at 2287
Support is at 1336
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.
Mrs. Bectors Food Specialities Ltd - Long Setup, Move is ON...#BECTORFOOD trading above Resistance of 1237
Next Resistance is at 1616
Support is at 858
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.
BECTORFOOD - Ichimoku Breakout📈 Stock Name - Mrs Bectors Food Specialities Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1808.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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BECTORFOOD - looks good to enter now at 1490NSE:BECTORFOOD
cmp 1489
it has given a breakout above previous high of 1374 and now giving weekly close above 1374
looks good to take position in this stock
The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional.
It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is consistent with your studies.
Mrs. Bectors Food Specialities Ltd - Long Setup, Move is ON...#BECTORFOOD trading above Resistance of 858
Next Resistance is at 1237
Support is at 624
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.
BECTORFOOD - Ichimoku BreakoutStock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1174
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
BECTORFOOD - Ichimoku BreakoutStock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 1100
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Mrs. Bectors Food Specialities Ltd - Long Setup, Move is ON...#BECTORFOOD trading above Resistance of 624
Next Resistance is at 858
Support is at 479
Here is previous chart:
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.
BECTORFOOD - Ichimoku BreakoutStock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 852
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
BECTORFOOD for 40%(approx..) Gain Check MRSBECORFOOD for 40% ++ gain. it is showing rounding bottom formation. may be it can made a handle as well so keep eye on it.
CMP : 473
TG : 670
SL : near 435
Disclaimer : It is my personal view as a trader and for educational purpose only. Equity market involves risk . Please consult your financial adviser before taking any decision.
BECTORFOOD - Ichimoku Bullish Breakout Stock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 478
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
Mrs. Bectors Food Specialities LimitedBECTORFOOD:- Head and shoulder pattern is formed but wait for the breakout to plan something only after that keep your eye
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.
Mrs. Bectors Food Specialities LimitedBECTORFOOD:- stock made cup and handle pattern keep your eye..
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.
Mrs. Bectors Food Specialities LimitedBECTORFOOD:- Stock is about to give breakout on weekly chart, stock tried breakout a few months ago but could not sustain. keep on radar.
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.
BECTORFOOD - Ichimoku Bullish Breakout Stock Name - Mrs Bectors Food Specialities Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 420
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Long Bector Food for the target of 471 (35% upside)Bector food has achived my earlier target of 366 and make high of 367.7. it has formed rounding bottom and currently giving some pull back. CMP is 348 and any dip around 330 is the good buying opportunity for the target of 471. Time span of same is around 5 to 6 months.
Above view is for education purpose . Please consult with your advisor before investing
BECTORFOOD : Will be more tasty if sustains the momentumStory started only from past 2 weeks after crossing 4 Weeks high on 22nd July.
2022-07-22: Crossing 4 week High, close is above 20 SMA on Daily and Weekly time frame- but below on Monthly time frame
2022-07-25: Cross WK Piv Upside increase in momentum
2022-07-28: Cross WK Piv Upside
2022-08-01: Crossing 4 week High
2022-08-02: On Daily time frame, SMA 30 cross SMA 100 - consider for Long. Volume is highest in 3Months.
2022-08-05: Today again volume is highest in 3 Months.
2022-08-08: Crossed trend line, Daily VWMA is crossing Weekly VWMA. ADX >38, DI+ > 35
If sustain the move after retest trend line - we should be seeing 390 / 440 levels in short time.
Its my own understanding - please spend time on own research.