15 years breakout Bharat bijalee
Technical analysis
Weakly and monthly stock purely breakout 15 years resistance
Chart pattern show big move on this stock
15 years resistance 4050 today breakout with Valume.
15year resistance now it be support for the stock
We miss header and shoulder pattern breakout at level of 2280.
Now stock give once again 15 years resistance breakout to enter the stock
Good possibility of the stock may cross 5500 in short terms it can portfolio stock
Fundamentals analysis
PE ratio 25.4
Current ratio 1.72 >1 great
Quick ratio 1.2> great
PEG ratio 0.88 <1 great
Debt to equity ratio 0.21<1 super
Dividend is 1%(approx)
All kind good stock fundamentals and technically
Stock have advantages
1) gree energy mission
2) railway up gradation
3) air Port devlopment
4) railway electrification
NO RECOMMENDATION FOR BUY AND SELL
Chartbreakouts
Avanti Feeds: Ready to shootAvanti Feeds :
Is forming a strong symmetrical triangle pattern on weekly timeframe at LTP: 507.35 and has been taking continuous supports on the primary trendline(yellow-dashed) and is respecting the trendline ever since 2016 till 2022 today.
The sudden rise in shrimp demands from china and USA has overpowered company's exports with good receivables too. This has happened for first time since covid-19 when the company's exports are in demand majorly by china. Being the Market leader in Aqua Culture and seeing Demand for the culture and Supply capabilities of the company. The stock looks poised to witness an uprise now from fundamental and technical aspects.
Key levels:
Support 1: 475 (7% downside)
Support 2: 416( Crucial)
Resistance 1: 587
(14.62% gain; Expected Time : 1-2 months)
Resistance 2: 670
Resistance 3: 770 (52.37% gain; Expected Time : 3-6 months)