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Cupandhandlepattern

TPL PLASTECH LTD. Looking hot all parameters to go longHello Friends, Here we had shared possible Elliott wave counts on chart of TPL Plastech ltd. which is showing currently we are in impulse wave, we have completed wave (1) and wave (2) of some degree, & now possibly we are unfolding wave (3), in which we had completed wave 1 and 2 and possibly now we are unfolding wave 3 and again in which we had completed wave (i) and wave (ii) and now we are unfolding wave (iii) of wave 3 of wave (3). Overall, chart pattern is also supporting bullish bias, cup n handle chart pattern yet to breakout, and lots of other parameters supporting same bias are shared below as a snapshots. 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. Thanks Cup n Handle chart pattern Overall, Elliott wave structure Trendline breakout along with good intensity of volume Price challenging upper Bollinger band. Price trading above 50DEMA, 100DEMA and 200DEMA MACD positive in daily time frame MACD positive in weekly RSI in daily RSI double breakout in weekly DMI ADX positive strength in daily DMI ADX positive strength in weekly 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. 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 and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:TPLPLASTEHLong
by RK_Chaarts
4
ADVANCED ENZYME TECH - 105% RETURNS!!!BUY - ADVANCED ENZYME TECHNOLOGY LTD CMP - Rs. 289 Target - 1: Rs. 385 Target - 2: Rs. 475 Target - 3: Rs. 590 . . Technicals - Cup and Handle Pattern . Fundamentals - Advanced Enzyme Technologies Limited is engaged in the business of manufacturing and sales of enzymes. 1) The company is almost debt free. 2) The company has been maintaining a healthy dividend payout of 19.5%. . A) Market Position - The Co. is the 1st Indian enzyme company with 2nd highest market share in India. It is the 2nd listed integrated enzyme player globally. . B) Product Portfolio - The company manufactures and markets over 400+ proprietary products developed from 68+ enzymes and probiotics. It has approx 13 patents in its name. . C) International Presence - The Co. is present in more than 45 countries in the world and caters to more than 700 customers worldwide. The geographic split for FY22 is as follows: India - 44% Americas - 40% Europe - 6% Asia (Excluding India) - 7% Rest of the World - 3% . D) Business Segments - Human Healthcare (68% of revenues) The company provides proprietary enzyme products and customized enzyme solutions to various pharmaceutical and nutraceutical companies in India, North America, Asia (ex-India), Europe, and other countries globally. Animal Nutrition (11% of revenues) It provides enzyme-based feed additives for the animal nutrition industry, mainly catering to poultry and swine. Animal Nutrition product offering enables animals to maximize the nutrients they absorb from the feed which helps the customers to reduce the feed costs. Industrial Bioprocessing (12% of revenues) The company produces non-food processing enzymes for various industries such as textiles, leather, detergent, and pulp & paper, which are used in the manufacturing of a wide range of products. It also produces food processing enzymes which are essential for enhancing food and beverage products. Specialized Manufacturing (9% of revenues) In this segment, the Co. manufactures products based on effervescent technology. These effervescent products extend solutions in Nutraceutical, Pharmaceutical, Bakery, Washing solutions, and other Speciality products. . . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
NSE:ADVENZYMESLong
by nilakshgupta
LOYAL EQUIPMENTS - BREAKOUT!!!BUY - LOYAL EQUIPMENTS LIMITED CMP - Rs. 69 Target - 1: Rs. 93 Target - 2: Rs. 105 Target - 3: Rs. 140 . Max Return - 102% . . Technicals - Cup and Handle Pattern . Fundamentals - Company has reduced debt. Company is expected to give good quarter. Company has delivered good profit growth of 24.7% CAGR over last 5 years. Company's working capital requirements have reduced from 204 days to 139 days. . . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
BSE:LOYALLong
by nilakshgupta
HATSUNHATSUN:- Cup and handle pattern has formed, wait for proper breakout, plan something only after that, till then keep your eyes on the stock. 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.
NSE:HATSUNLong
by AjayDhakad_Keep_it_simple