PRICOL - DAILY RANGE BREAKOUT New 52 Week and All time High
Rs.230.95 hit today
Performance Today
Outperformed Sector by 2.3%
Day's High
Stock touched an intraday high of Rs 230.95
(3.59%)
~ Moving Averages
Pricol Ltd is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages
Rising Investor Participation
Delivery Vol of 7.74 lacs on 31 Mar has risen by 69.65% against 5-day avg delivery vol
4 Liquidity
Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 0.71
Cr
Fundamental
Net Sales (HY)
At Rs 989.92 cr has Grown at 21.54 %
Roce (HY)
Highest at 18.85 %
Debt-Equity Ratio (HY)
Lowest at 0.12 times
Pat (Q)
At Rs 26.76 cr has Grown at 54.2 %
Pbt Less Oi (Q)
At Rs 26.54 cr has Grown at 23.04 %
Best entry price around 220 and 200
Longterm
L&T Long 30 daysAccumulation zone -
Factors
1) Volume is more than average 4 times
2) Buy volume is max in this rage
3) histogram is positive
4) positive result from last 3 quarters result ( more than expected)
5) more Central Gov projects lined up for next fy year
6) 24 * mutual fund is positive for the following PE result
All-time new high will make
con
1)- 2 mutual fund holding changed (sell) in this phase
Abbott India Limited : DONT MISS TO CATCH THIS FISH !!!Abbott India Limited is an India-based company that is engaged in pharmaceuticals business , seems to be out of retracement phase now. It is retesting the Support line and may break the Triangle Pattern formed by Support and Retracement lines. The Chart is supported by two EMAs and RSI is also only 38.85 . Break out will give you targets of 21340.85 , 22395.65 and 23736.35 . Stop Loss is 19931.20.
Bingo !!! Hope we see breakout on 25.02.2023
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INDUS TOWERS - 100% RETURNS!!!BUY - INDUS TOWERS LTD
CMP - Rs. 142
Target - 1: Rs. 211
Target - 2: Rs. 254
Target - 3: Rs. 285
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Technicals - 1) Bullish Shark Harmonic Pattern indicating upward momentum.
2) Potential targets or take profit points have been highlighted using Fibonacci Retracement.
3) The stock is at support.
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SUZLON ENERGY - 65% RETURNS!!!BUY - SUZLON ENERGY LTD
CMP - Rs. 7
Target - 1: Rs. 9
Target - 2: Rs. 10.65
Target - 3: Rs. 11.65
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Technicals - 1) Bullish Bat Harmonic Pattern.
2) Targets set using Fibonacci Retracements.
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Comment: Target - 3 will be achieved in 4-8 months.
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KIMS - A RISK FREE BET???BUY - KIMS
CMP - Rs. 1337
Target - 1: Rs. 1504
Target - 2: Rs. 1681
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Technicals - 1) Harmonic Pattern indicating a bullish reversal.
2) Stock is at support.
3) Formation of Inverted Hammer Candlestick on Daily chart.
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Comment: 1) Target - 2 will be achieved in the medium term.
2) Maximum Return - 26%
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NAVNEET EDUCATION - 57% RETURNS!!!BUY - NAVNEET EDUCATION
CMP - Rs. 91
Target - 1: Rs. 125
Target - 2: Rs. 145
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Technicals - 1) Harmonic Patterns - Bullish Bat
2) Fibonacci Retracements to identify potential targets.
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Comment: 1) Stock is in consolidation.
2) Target 2 will be achieved after 1 year.
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JK PAPER - 40% RETURNSBUY - JK PAPER
CMP - Rs. 384
Target - 1: Rs. 407
Target - 2: Rs. 464
Target - 3: Rs. 532
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Technicals - 1) Stock is at Support in a range-bound market(short term)
2) Harmonic Pattern - Navarro 200
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Comment: 1) Historical performance indicates price will consolidate before reaching Target - 3
2) This means that Target - 1 and 2 will be achieved in short term, while Target - 3 will be achieved in long term.
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Neat & Clean Multi Months breakout seen in FINCABLESFinolex Cables Limited is a leading manufacturer of electrical and telecommunication cables in India. Operating for more than 50 years, Finolex has been able to maintain its leadership position as one of the most diversified wires and cables companies in the country.
Besides manufacturing a wide variety of wires and cables, Finolex has also forayed into the manufacturing of Fast-Moving Electrical Goods (FMEG) and home appliances. Over the years, the Company has established itself as a preferred electrical solutions provider for retail and institutional markets in India and created a strong brand name.
Market Cap
₹ 11,978 Cr.
Current Price
₹ 783
High / Low
₹ 848 / 344
Stock P/E
21.6
Book Value
₹ 263
Dividend Yield
0.77 %
ROCE
21.4 %
ROE
16.3 %
Face Value
₹ 2.00
Debt
₹ 10.9 Cr.
EPS
₹ 36.2
PEG Ratio
2.57
Promoter holding
35.9 %
Intrinsic Value
₹ 594
Pledged percentage
0.00 %
EVEBITDA
15.8
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 18.4%
Well this is awesome management company and if i talk about technical, it has given proper multimonths breakout. Right now price is very attractive to go long from this levels. Long term investment also good and if anyone wants to go for just swing trade can go with given levels. Chances are high we wiil exit in profits only.
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Thankyou
Chaman Lal : Looking Strong and Bullish
Good Day ,
Hello Traders,
CLSEL looking very strong and it had formed a big rounding bottom since May 2022 till now. It will take a little bit time to move ahead.
Next possible target 136. One can stay long with Stop Loss at 100.
Bigger target of 164 will come when it start sustaining above 136 and show more strength.
Time Frame : Daily
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
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