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Head and Shoulders

MRS BECTOR FOODMrs. Bectors Food Specialities Ltd was incorporated as Quaker Cremica Foods Private Limited on September 15, 1995. It manufactures biscuits and bakery products that are marketed under Mrs. Bector’s Cremica and Mrs. Bector’s English Oven brands, respectively Annual Revenue rose 19.56%, in the last year to ₹1,642.95 Cr. Its sector's average revenue growth for the last fiscal year was 3.7%. Quarterly Revenue rose 17.43% YoY to ₹413.02 Cr. Its sector's average revenue growth YoY for the quarter was 3.85%. Annual Net Profit rose 55.83% in the last year to ₹140.36 Cr. Its sector's average net profit growth for the last fiscal year was 13.57%. Quarterly Net profit rose 21.56% YoY to ₹33.62 Cr. Its sector's average net profit growth YoY for the quarter was 5.99%. Stock Price rose 61.86% and outperformed its sector by 50.39% in the past year. PE Ratio is 53, lower than its sector PE ratio of 57.49. Debt to Equity Ratio of 0.34 is less than 1 and healthy. This implies that its assets are financed mainly through equity. Return on Equity for the last financial year was 21.17%, more than 20% in the last financial year, indicating an efficient use of shareholder's capital to generate profit. Mutual Fund Holding increased by 3.24% in the last quarter to 20.42. Promoter Share Holding increased by 0.01% in the most recent quarter to 51.18%. Interest Coverage Ratio is 22.08, higher than 1.5. This means that it is able to meet its interest payments comfortably with its EBIT. Promoter Pledges are zero.
NSE:BECTORFOODLong
by CannySunny
Is FTMUSDT About to Make a Major Move?Yello Paradisers! Are you ready for what could be a significant bullish move on FTMUSDT? Let’s dive into the chart and break it down. 💎FTMUSDT has been following a descending channel and recently formed an inverse head and shoulders pattern, which increases the probability of a bullish breakout. 💎If FTMUSDT breaks out and closes a candle above the resistance zone, this will validate both the inverse head and shoulders pattern and the descending channel, giving us a stronger confirmation of a potential bullish move. 💎On the other hand, if we see a pullback from the current level, we could expect a bounce from the support zone, potentially forming a double bottom pattern. However, to increase our confidence in a bullish reversal, we’ll need to see an I-CHoCH (internal change of character) signaling a shift in market structure. 💎But remember, if FTMUSDT breaks down and closes a candle below the support zone, this would invalidate our bullish scenario entirely. 🎖 That’s why, Paradisers, patience and discipline are key. Always wait for clear confirmations before taking action. Consistency is the way to long-term profitability in this market! MyCryptoParadise iFeel the success🌴
FLong
by MyCryptoParadise_Nathan
TATATECH: Potential Bullish Breakout + Inverse Head & ShoulderBullish Analysis of TATA TECHNOLOGIES LTD Key Observations: 1. Pattern Identified: Inverse Head & Shoulders - The inverse head and shoulders pattern suggests a bullish reversal. 2. Resistance Zone: - The stock is approaching a key resistance zone. - A breakout above this zone could signal a strong upward movement. 3. Target Projections: - If the breakout happens, the first target is set at ₹1,263, followed by ₹1,333. 4. Volume: - Recent volume spikes indicate strong buying interest, supporting the potential breakout. 5. RSI: - Currently at 60.91, it indicates strength, but still below the overbought zone, allowing room for upward movement. Conclusion: - Entry Point: A breakout above ₹1,093 can be a bullish signal. - Targets: ₹1,263, ₹1,333. - Risk: Watch for failure to break the resistance zone, which may signal a short-term pullback. Follow us for STOP-LOSS updates. Note: Always consider risk management and market conditions before making investment decisions.
NSE:TATATECHLong
by Pattern_Ninja
MOTILALOFS: Cup and Handle Breakout – Bullish Continuation AheadAnalysis Overview : This chart of Motilal Oswal Financial Ltd NSE:MOTILALOFS highlights a classic Cup and Handle pattern, which indicates a potential bullish continuation. The stock has broken out of this pattern after retesting the neckline, signaling the possibility of further upside. Key Observations: The Cup and Handle pattern has formed over several months, signifying accumulation. After breaking out from the neckline, the stock retested the breakout zone, which is a positive sign for bulls. The stock is now trading above ₹775.60, approaching a 52-week high of ₹782.90. Volume Surge: There was a noticeable increase in volume during the breakout, confirming strong buyer interest. Volume remained steady during the retest phase, indicating that the price held firm despite the lower selling pressure. Technical Insights: Breakout Confirmation: A clean breakout above the neckline of the Cup and Handle pattern suggests bullish momentum, supported by rising volume. Retest and Bounce: The retest of the breakout zone has held, providing confidence that this level will now act as strong support. Volume Significance: The volume surge during the breakout is a positive indicator that institutional buyers may be driving the move. Sustained higher volume will be crucial for further price appreciation. 52-Week High: The stock is nearing its 52-week high, and a successful breach could lead to a strong upward move, with the next targets in the ₹800-820 range. Trade Ideas: Bullish: Enter on a breakout above ₹782.90, targeting higher levels around ₹820.00 and beyond, with a stop-loss below the retest level. Conclusion: This technical setup in Motilal Oswal Financial Ltd offers an attractive opportunity for bullish traders looking for continuation patterns. The clean breakout, successful retest, volume confirmation, and proximity to the 52-week high make this stock one to watch for potential long positions.
NSE:MOTILALOFSLong
by rajsharmatt
3
OFSS -Inverted Head and shoulder— Near Breakout -Daily OFSS -Inverted Head and shoulder—Daily It also forming flag and pole pattern. Name - OFSS Pattern - Inverted head and Shoulder Timeframe - Daily Status - Near breakout Cmp - 10988 Target - 13074 - need to close above 11330 SL - 10700 Pattern The Inverted Head and Shoulders pattern is a bullish reversal pattern Fundamentals Oracle Financial Services Software Limited (OFSS) is a prominent player in the financial technology sector. Here are some key fundamentals of the company: Market Capitalization: Approximately ₹93,085 crore Share Price: ₹10,9887 on NSE Price to Earnings (P/E) Ratio: 39.86 Revenue: ₹6,652 crore for the fiscal year ending March 2024 Net Profit: ₹2,335 crore for the same period Dividend Yield: 2.24% Return on Equity (ROE): 32.53% These metrics indicate a strong financial position and consistent performance.
NSE:OFSSLong
by VCharts_TA
KPIT Tech: Is This High-Conviction Pattern Set to Deliver?This is purely a technical play in NSE:KPITTECH The chart is showing a high-conviction inverse head and shoulders pattern, suggesting a potential bullish reversal. A volume breakout and close on a lower timeframe above 1882 could provide a solid entry point. For this trade one can maintain a strict stop loss of 1790. The targets to aim for are 2054 and 2105, which align with the expected move from this setup . This is a short-term trade idea, but monitor price action and volume for confirmation of the breakout. Additionally, consider any other technical indicators or tools that could further validate this setup. Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Trading involves risks and is not suitable for everyone. Always conduct your own research and consult with a financial advisor before making any investment decisions. The author is not responsible for any losses incurred.
NSE:KPITTECHLong
by sandeshprabhu85
8