Buy SDBL (Som Distilleries) Targets 20-30%Purchase SDBL within the price range of 250-275.
Set targets at 300, 340, and 380, adjusting for the split by dividing by 5.
If the price surpasses 390, the all-time high target will be adjusted to 440.
Hold the investment for 3-4 months, specifically until the peak of summer.
-------------------------- Company News:----------------------------------
In a post-market exchange filing on Wednesday, the liquor manufacturer announced that its Board of Directors will convene on Tuesday, April 2, 2024, to deliberate and sanction the sub-division/split of the company's existing equity shares.
-------------------------- Company Overview:----------------------------------
SDBL stands out in the market due to its diverse range of alcoholic beverages, including beer, rum, brandy, vodka, and whisky. Notable brands under its umbrella include Hunter, Black Fort, Power Cool, Woodpecker, Genius, and Sunny.
--------------------------Technical Analysis:--------------------------
The stock exhibits a pattern of rising during summers and cooling down in winters, indicating a potential for historical repetition. Backtesting over the last 3-4 years confirms this trend.
--------------------------Fundamental Analysis:--------------------------
- Shareholding: Promoters' holdings increased from 34.5% to 34.73% as of December 2023.
- Financial Performance: The company has sustained profitability over the last 2-3 quarters, with earnings averaging between 15-20 crores per quarter. Although there's a slight decline compared to June 2023, anticipating an upswing in prices following the June-July quarter results, potentially yielding returns of 20-30%.
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Imp. Note: This analysis is provided for informational purposes only and does not constitute a direct recommendation to buy or sell stocks. Investors should conduct their own research and consult with financial advisors before making any investment decisions, as market conditions and individual circumstances may vary.
Market Risk: However, it's important to acknowledge the inherent risks associated with investing in the stock market, including but not limited to volatility, economic downturns, regulatory changes, and unforeseen events that can impact stock prices. It's crucial for investors to remain vigilant and diversify their portfolios to mitigate potential losses.
Historyrepeatsitself
Foseco Ind Remember my first Idea of RelaxoNSE: FOSECOIND
If Breaks then target could be taken at 1159 as a good Target
Time Frame :- 1 Month
Patterns Name :- Inverse Head and Shoulder
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Made By MAYANKTECHRESEARCHING
Comment Below If You want to ask me questions on this on any other idea
Conclusion :-
A Inverse Head and Shoulders which is completed now with breakout shows some forecasts that could be up and could followed by the market
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IndusInd bank | Resistance breakout | Uptrend |Wait for breakoutThe stock is continuously riding the uptrend in a parallel channel in daily as well as weekly time frame.
Currently the price has touched its multiple time resistance. And now it's into watchlist whether it will form a consolidation phase and then breakout or directly breakout.
Entry - Above 975+ with above average volume.
Target are explained in the chart itself.
Analysis done is for educational purpose only. And it's not any sort of recommendation
UBL | Montly analysis ...History is Repeating itself !!!🎯⭕ Positional Trading opportunity ! Monthly Chart Alert !!! ⭕
--Buy above =1087 or CMP
--Target = 1464
--Stop-loss = 930.80
--Lot Size = 700
--R:R = 2.4
--Expected Profit = 2,60,000 ₹ per lot ( 34 % )
--Expected Holding = 6-12 months only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Trendline support zone
2) Trendline already break & retrested again ...perfect time to buy
3) Fundamental is good as well
4) Resistance break & now acting as support
Guys check out the related ideas as well, it will work really well GUARANTEED !
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DOW JONES historical chartDow jones historical chart from Apr 2013 to Sep 2015.. this chart is shared to compare the historical move of index in past and current structure formation.. soon will send the recent chart of dow jones,, and all viewers should compare both the chart to understand how history repeats..
History Repeats itself, 1,2,3 pattern forming in Adani greenAs per my sister history will repeat itself.
According to her this share is following the same pattern formed in December month 2019(1,2,3, Pattern), if within two or three days it falls, following Nifty or if it breaks its support @322 it will fall & takes downward momentum and we can short the share right after the confirmation given by the bearish red candle after 322.
If it takes the support @322 & again makes a short term upward trend it will reach near about 440 & makes a downturn from there & as per the history it will definitely fall & we can short at that time.
Its just our Analysis & we are not recommending it to any one to short the share or follow our Analysis.
Nifty Gap Theory Study/ObservationThis whole month what I've observed is that Nifty always fills the *opening gap ups/downs* usually the same day or the next day.
Could be useful for next such move by nifty.
As they say, history tends to repeat itself.
Please do you own analysis before taking any trading decisions.