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Consolidation

KOPRAN 12 MONTH LONG CONSOLIDATION BREAKOUT Kopran Ltd. is an interesting consolidation breakout stock 1. 12 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 247 - 273 which can act as multiple support area. Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks. I do not hold any position in the stock as on date but I may look to buy on dips with my own Risk Reward matrix.
NSE:KOPRANLong
by purisonshuf
Sectoral Analysis-Nifty ITA sectoral analysis after quite long time. I had previously covered Nifty Pharma & Nifty Energy which have outperformed Nifty. However, Nifty IT has largely underperformed in the last 2 years as compared to broader indices mostly because of recession in western countries. The sector is in consolidation since last 3 years and all the investors of large cap IT companies have been waiting for a breakout to happen. If the chart of Nifty IT is analyzed, we can see a possible cup and handle formation. Once Nifty IT index breaks 35500, handle breakout would be confirmed and we can expect 36800, 37450, 38700++ targets. Midsmall cap IT sector stocks like Persistent, Birlasoft, LTTS and many more have similar charts as of Nifty IT. Do keep in watchlist as they can give good returns in upcoming months. Please comment below if you want technofundamental analysis of any IT sector stock.
NSE:CNXITLong
by chartistamey
Investment dividend stock near support!Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222. The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance. The stock is currently available at a strong demand zone which is the confluence of it 200 week EMA and 50 week EMA. The stock is attractive at CMP and can also be added on dips uptill 205. SL can be a weekly closing below 190 and Targets can be 240,257 & 270. If the stock sustains above the supply zone of 270-280, we can see a flag-pole breakout which can take the stock to new highs . So keep this stock in radar for long term purposes as well. Note:- Idea has been shared for educational purposes only and should not be considered as a recommendation.
NSE:PETRONETLong
by chartistamey
3
Keep An Eye - Consolidation - OMINFRAL📊 Script: OMINFRAL 📊 Sector: Infrastructure Developers & Operators 📊 Industry: Engineering - Turnkey Services Key highlights: 💡⚡ 📈 Script is trading in consolidation zone, it has to give closing above 180 level to break consolidation zone. 📈 One can go for Swing Trade only above 180. BUY ONLY ABOVE 179 ⏱️ C.M.P 📑💰- 177 🟢 Target 🎯🏆 - 197 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:OMINFRALLong
by radha_23
1
ASALCBR - 1.5 Months Downtrend / Consolidation Breakout - ATHAssociated Alcohols & Breweries Ltd 1) Time Frame - Daily. 2) The Stock has been in a downtrend / consolidation since (June, 2024) after breaking it's previous life time time of (653.65) . Now It has given a downtrend / consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Daily Time Frame. 3) The stock may find it's next resistance around the price (920 - 20% from the price 762.25). 4) Recommendation - Strong Buy.
NSE:ASALCBRLong
by SHRIHARII
HINDCOMPOS - INVERSE H&S, THEN CONSOLIDATION AND BREAKOUTHi All, This idea is about Hindustan Composites Ltd Certified developer, manufacturer & marketer of Friction Materials in India comprising Brake Lining, Clutch Facing, Disc Brake Pad, Roll Lining, Brake Block, etc. Company is also engaged in the treasury business. Clientele Ashok Leyland, Maharashtra State Road Transport Corporation, Eastern Railway and Southern Railway, etc. HCL is also a Tier 2 supplier of brake lining for Toyota, TATA Technical Price Action formed an inverse Head and Shoulder but after the formation of right shoulder could not break the neckline, instead went into consolidation. Eventually the price broke out of the darvas box ending the consolidation and have reached the initial neckline of Inverse H&S. If neckline is broken, it could lead to a substantial rally Fundamentals Market Cap ₹ 905 Cr. Current Price ₹ 613 High / Low ₹ 650 / 347 Stock P/E 26.3 Book Value ₹ 669 Dividend Yield 0.33 % ROCE 4.46 % ROE 3.60 % Face Value ₹ 5.00 Equity capital ₹ 7.38 Cr. No. Eq. Shares 1.48 EPS ₹ 23.3 Promoter holding 75.0 % Change in Prom Hold 0.00 % Chg in Prom Hold 3Yr 0.00 % Pledged percentage 0.00 % Market Cap to Sales 3.04 Sales growth 5.30 % PEG Ratio 2.10 EVEBITDA 17.3 Quick ratio 1.95 Trade receivables ₹ 37.3 Cr. Sales ₹ 298 Cr. Debt to equity 0.00 Price to book value 0.92 Free Cash Flow ₹ 3.92 Cr. CMP / FCF 91.1 Happy Trading Thanks, Stock-n-Shine
BSE:HINDCOMPOS
by Stock-n-Shine