Breakoutwithvolume
6 Years Consolidation Breakout in BEPL || (456%) upside possibleHello Everyone, i have brought another stock which has given breakout of long consolidation almost 6 years. Stock name is Bhansali Engineering Polymers Ltd and it is engaged in manufacturing and sale of ABS Resins, AES Resins, ASA resins, SAN resins and their alloys with other plastics in the Indian market.
Its customers include leading companies dealing in Automobiles, Home Appliances, Electronics, Healthcare and Kitchenware.
Technically and fundamentally stock is really good with awesome management.
MACD is giving bullish crossover.
Price is above 200-DEMA.
Breakout already taken place and sustaining above to trendlines.
Everything is suggesting bullish reversal in stock. Stock is good for short term to long term. If anybody is holding stock at least for 1-2 years, we can get returns more than 200-500% returns. I have written all the levels on chart for short term to long term traders, go accordingly.
Business Overview:-
Company manufactures ABS (Acrylonitrile Butadiene Styrene) and SAN (Styrene Acrylonitrile) resins. ABS is used to make light, rigid, molded products such as pipe, automotive body parts, wheel covers, enclosures, and protective headgear. SAN is a plastic copolymer with thermal resistant and chemical resistant nature and its uses including housewares and consumer goods, various compounded products, packaging, appliances (electrical and electronic).
Focus:-
Company is focusing on expanding its presence in the ABS segment with a capacity expansion program. It plans to intensify its efforts to optimize its share of the ABS market segment, especially from the automotive industry with the support of its JV with Nippon.
Market Cap
₹ 3,903 Cr.
Current Price
₹ 157
High / Low
₹ 160 / 81.6
Stock P/E
21.6
Book Value
₹ 37.0
Dividend Yield
2.49 %
ROCE
24.4 %
ROE
18.1 %
Face Value
₹ 1.00
Industry PE
19.6
Debt
₹ 0.00 Cr.
EPS
₹ 7.22
Promoter holding
57.5 %
Intrinsic Value
₹ 106
Pledged percentage
0.00 %
EVEBITDA
14.6
Change in Prom Hold
0.00 %
Profit Var 5Yrs
31.1 %
Sales growth 5Years
-0.05 %
Return over 5years
27.2 %
Debt to equity
0.00
Net profit
₹ 180 Cr.
ROE 5Yr
28.8 %
Profit growth
32.3 %
Earnings yield
7.34 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Hindustan food limited is on breakout with good volume spikeHello everyone, i have brought a stock which has given a breakout of triangle pattern with huge volume spike on weekly chart, there is higher probability that we will see bullish uptrend momentum in this.
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories.
Technically stock is looking good as it has given breakout of triangle pattern with good volume
Price is above 200-DEMA.
Macd is also giving bullish crossover.
Morgan stanley has taken position on bulk.
Market Cap
₹ 6,397 Cr.
Current Price
₹ 558
High / Low
₹ 630 / 461
Stock P/E
68.8
Book Value
₹ 56.4
Dividend Yield
0.00 %
ROCE
15.4 %
ROE
18.2 %
Face Value
₹ 2.00
Industry PE
40.5
Debt
₹ 730 Cr.
EPS
₹ 8.12
Promoter holding
63.8 %
Intrinsic Value
₹ 256
Pledged percentage
0.00 %
EVEBITDA
30.9
Change in Prom Hold
-1.04 %
Profit Var 5Yrs
50.9 %
Sales growth 5Years
41.1 %
Return over 5years
43.8 %
Debt to equity
1.13
Net profit
₹ 93.0 Cr.
ROE 5Yr
18.2 %
Profit growth
30.8 %
Earnings yield
2.61 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
IFCI - Cup & Handle patternAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting charts.
Disc - Am not a SEBI registered analyst. Please do your own analyses before taking position. Details provided on chart is only for educational purposes and not a trading recommendation
Hindustan UnileverThis stock has given good breakout from cup-n-handle chart pattern on hourly and inverted head and shoulder chart pattern on daily, along with good intensity of volume.
As per previous price actions support and resistances areas & depth of cup pattern and also depth of head pattern, all are co-incidentally matching with trend based fib extension target levels up to 2750-2900.
One can go long at current levels or in dips (yes possible)
On the way down 20DMA and RK's stop line can provide good support now, which are pegged near 2278 - 2280 areas.
Inverted head and shoulder chart pattern breakout on daily chart
price action scenario along with Fibonacci extension levels
Breakout with good intensity of Volume
Cup n handle pattern breakout on weekly RSI
cup-n-handle chart pattern breakout on hourly chart
Price support resistance areas and trend based fib extension levels
RSI double breakout on daily chart and now above 60 & 70 levels.
RSI double Breakout on weekly chart and now above 60 levels.
MACD in weekly positive and now above zero line.
MACD in daily chart positive and now above zero line.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BUY TEXMOPIPES (a micro-cap company with good fundamentals)Its a micro cap company, don't invest more than 4-5% of your capital.
PROS (as per screener.in) -
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.74 times its book value
- Company is expected to give good quarter
- Company has delivered good profit growth of 29.09% CAGR over last 5 years
- Debtor days have improved from 53.85 to 38.54 days.
CONS (as per screener.in) -
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 2.89% for last 3 years.
- Company's cost of borrowing seems high
Buy at 55-60 (Stock is in upper circuit)
Target as per Fibonacci: 80, 100, also can keep for long term
SL: 45
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Zomato - 4 mth breakout post resultsBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
DLF Looking bullishBreakout & retesting of handle in Cup & Handle pattern. Add DLF at CMP till 290 for the first target of 346 and then next target could be 396. 323 level is going to be a crucial level, stock can see some resistance or consolidation at this level. Beyond this 323 level, first target is a easy hit. Also stock is trading above all the major EMAs as well.
Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before taking any positions.
Double Crossover Breakout Possible ! Dear traders , IOC can shoot like a rocket if this double trend line crossover is broken. A good breakout with volumes can make this stock multi-bagger as this is weekly chart so target levels will be high.
This chart analysis was done by me only for educational purpose. Feel free to share your feedback/queries.