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Consolidation-breakout

Multi year Consolidation breakout seen in PTC indiaHello Guy's, i have brought another analysis on stock which has given a proper multi year breakout on chart. Let's analyse and will see if we can do anything from this stock.. Well guy's Now a days all government stock is making new highs due to Chandrayan limelight and some government recent events..This Ptc Stock has given a huge breakout on monthly timeframe. it has given breakout almost more than 12 years and volumes are supporting the breakout. A trade can be executed with small stop loss in it. Important levels for PTC India Buy in the range of 127-132 Keep stop loss at 116 Targets we can see in upside 150/169/213 Price is above 200 EMA We have seen Proper Neat & Clean Multi year Breakout on Monthly timeframe. with Good Volume Price is sustaining above breakout trendline levels MACD and RSI has given bullish crossover (I have not placed any of indicators which i have discussed above except Volume indicator as i want chart neat and clean but i have analysed all already) Now focus on stock background PTC India Limited was established in 1999 by the Government of India as a Public-Private Initiative and is in the power trading business. It is promoted by Power Grid Corporation of India Limited (PGCIL), NTPC Limited (NTPC), Power Finance Corporation Limited (PFC) and NHPC Limited (NHPC) Market Cap ₹ 3,876 Cr. Current Price ₹ 131 High / Low ₹ 132 / 67.5 Stock P/E 8.46 Book Value ₹ 170 Dividend Yield 5.96 % ROCE 9.82 % ROE 9.15 % Face Value ₹ 10.0 Debt ₹ 6,546 Cr. EPS ₹ 15.5 PEG Ratio 0.38 Promoter holding 16.2 % Intrinsic Value ₹ 165 Pledged percentage 0.00 % EVEBITDA 6.19 PROS Company has reduced debt. Stock is trading at 0.77 times its book value Stock is providing a good dividend yield of 5.96%. Company has been maintaining a healthy dividend payout of 49.0% Company's working capital requirements have reduced from 87.9 days to 63.2 days CONS The company has delivered a poor sales growth of 4.58% over past five years. Promoter holding is low: 16.2% Company has a low return on equity of 10.3% over last 3 years. Company might be capitalizing the interest cost 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.
NSE:PTCLong
by TraderRahulPal
2
GLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation B/OGLENMARK LIFE SCIENCE LTD / GLS - 6 months Consolidation Breakout. 1) Time Frame - Weekly. 2) 6 months of consolidation broken in Daily Time frame With Huge Volume. 3) Stock will find a resistance around the price 799 (Previous All Time High). 4) Recommendation - Quite risky to enter with daily time frame but still it is a Good buy / one can buy after the weekly candle's close as same as today in Daily Time Frame.
NSE:GLSLong
by SHRIHARII
PNCINFRA - Bullish Consolidation Breakout with volumesNSE: PNCINFRA is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 11% to 17% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:PNCINFRALong
by BrahmaBull31
JWL - Spinning Top with volumesNSE: JWL is closing with a bullish spinning top candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 11% to 20% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:JWLLong
by BrahmaBull31
GHCL - Bullish Consolidation Breakout with VolumesNSE: GHCL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 13% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:GHCLLong
by BrahmaBull31
MOTHERSON - Bullish Consolidation Breakout with VolumesNSE: MOTHERSON is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 9% to 14% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:MOTHERSONLong
by BrahmaBull31
SULA - Bullish Consolidation Breakout with VolumesNSE: SULA is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:SULALong
by BrahmaBull31
VOLTAS - Coming out of consolidation after retestThe analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. After breakout, a major resistance becomes major support. When price reverses from major support and breaks above major resistance zone, it signals towards a major trend change towards upside. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:VOLTASLong
by TradewithAditya
SFL - Bullish Consolidation Breakout with VolumesNSE: SFL is closing with a bullish consolidation breakout candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade
NSE:SFLLong
by BrahmaBull31