Ganeshbenzoplast
GANESH BENZOPLAST Showing Strength1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
NSE:GANESHBE is breaking out from a horizontal consolidation zone. It's a buy with a stop at ₹152.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
Exciting Bullish Pattern Alert!📈 Exciting Bullish Pattern Alert!
📊 Pattern: Rising Channel
📌 Symbol/Asset: Ganesh Bezoplast
🔍 Description:
Stock with Strong Support
The stock has been consistently following an upward parallel channel. It may experience a short-term rally and reach the 180-185 range.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
GANESHBE - Ichimoku Bullish Breakout Stock Name - Ganesh Benzoplast Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 173
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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GANESHBENZOPLAST ANALYSIS 1/10/2022Promoters have increased holdings from 44.41% to 44.51% in Jun 2022 qtr.
FII/FPI have increased holdings from 0.21% to 0.64% in Jun 2022 qtr.
AS SOON AS 133 IS TAKEN OUT ON WEEKLY CLOSE 20% move expected...
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your and loss is yours.
Ascending triangle breakout in Ganesh BenzoGanesh Benzo -> Weekly Chart
A ascending triangle breakout in Ganesh Benzo.
CMP: 124
Targets: 165, 180
Stoploss: 88
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
Ganesh Benzoplast Breakout 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or daily RSI closing below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since 2017, BSE:GANESHBE has given a high volume breakout on Friday. Buy with a stop at Rs.105.
Other fundamentals:
1. According to a news report published on 11th March, Ganesh Benzoplast Limited along with Singapore based Golden Agri International Enterprises Pte. Ltd., K N Agri Resources Ltd and other investors, through– Bluebrahma Clean Energy Solutions Pvt Ltd. – has ventured into production of Ethanol and Extra Neutral Alcohol. ( www.livemint.com )
2. 10 year sales CAGR at 10% and profit CAGR at 75%.
3. Debt to equity at 0.18 (less than 1 is good), Interest Coverage at 15.8 (greater than 3 is good), FCF to CFO at 60%.
4. From 287 crore in 2012, debt came down to 45 crores in September 2021.
5. Promoter holding has increased by 1.27% over the last quarter.