HSCL - LETS SET A TARGETNSE:HSCL
Himadri Speciality Cheimical Limited , formerly Himadri Chemicals & Industries Limited, is engaged in the business of manufacturing various grades of coal tar pitch and other byproducts derived during the distillation process.
TTM EPS: 1.70
TTM PE: 41.59
Sector PE: 79.00
Book Value Per Share: 42.78
P/B: 1.66
Face Value: 1
Mkt Cap (Rs. Cr.): 2,962
Dividend Yield: 0.21
Some Positives:
New 52 Week High
Good quarterly growth in the recent results
Growth in Net Profit with increasing Profit Margin (QoQ)
Company with Low Debt
Increasing Revenue every quarter for the past 2 quarters
Book Value per share Improving for last 2 years
Company with Zero Promoter Pledge
FII / FPI or Institutions increasing their shareholding
Stock gained more than 20% in one month
Strong Momentum: Price above short, medium and long term moving averages
My Opinion: It is a Stage 2 stock. I won't be surprised if it gives 2x 3x returns. Keep a eye on 50-200 EMA crossover also in future.
NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.
Hsclbreakout
HSCL Bullish Breakout analysis 13 NovHSCL is a process industry. By looking at the chart data, it has given a confirmed breakout. After a nice bullish move, it has been consolidating for the past two months. It now again has given the breakout of the descending triangle pattern, which is a continuation pattern.
HSCL might be making a nice, bullish move.
Reason:
Price > EMA(13,50,200) seems continuation of the trend..
RSI > 50 crossing 60, means bullish trend.
Price > Vwap (just Near the VWAP to upside)
Descending triangle pattern BREAKOUT to upside
Volume is more than average(20) that shows heavy bulls intrest in buying side.
Verdict:
Highly Bullish
R:R :: 1:3
Plan of Action:
Buy: 259
Stoploss: 245
Target: 295
HSCL - Ichimoku BreakoutStock Name - Himadri Speciality Chemical Limited
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 155
#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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HSCL - Ichimoku Bullish Breakout Stock Name - Himadri Speciality Chemical Limited
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 129
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
HSCL can be a turnaround candidate in 2022!Chart -> HSCL Weekly Setup
After a sharp fall in 2018-19 and 83 weeks consolidation, a huge breakout last week with good volume can start turnaround story for HSCL.
CMP: 77
Targets: 150, 190
Weak below: 50
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.
HSCL Breakout HSCL looks set for a big break out. Three strong signals.
1. Strong Weekly resistance broken
2. Volume activity high
3. Golden Cross between 50 EMA and 200 EMA on daily chart
Disclaimer: I am a beginner and learner, not an expert. This is not a recommendation. Just an observation. Feel free to correct me.