Andhra Petrochemicals - Inverted Head and Shoulder PatternAndhra Petrochemicals is a Monopolistic business, There is no plant like their, in Q4FY24 they gave a bumper results as well, along with Rs 2 Dividend (200% Dividend).
A nice inverted H&S has been created and breakout is round the corner above 106 levels.
Target is 170++
you can keep SL as 84 for the same.
Monopoly
LIST OF MONOPOLY AND DUOPOLY STOCKS by businessHi guys,
Upto i know these are some of the monopolys and duopoly stocks which occupy significant market share if you also know some companys please share
some companies exactly are not monopolys but have a unique product or some edge in market
however some of these companies already valued at high p/e and usually they always stay at that p/e due to monopoly or duopoly status
please do your own reaseach in which fields they are monopolys and duopolys
1.mcx
2.reliance
3.airtel
4.iex
5.power grid-only grid
6.coal india
7.nhpc
8.bse
9.tatacoffee
10.indo borax and chemicals
11.pidilite
12.mcdowell
13.radicokaithan
14.cdsl
15.gravita india
16.granules india
17.cams
18.hawkins cookers
19.ashok leyland
20.irctc
21.ccl products
22.asian paints
23.berger paints
24.vesuvius india
25.upl
26.grindwell nortan
27.itc
28.hul
29.ttk prestige
30.adani ports
31.colgate-colpal
32.kaveri seeds
33.sswl
34.carborundum universal
35.jamna auto ind
36.RHIM
37.titan
38.k fin technologies
disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
IEX, buy the dip ?!Hello traders,
sorry for the delay, was not able to post ideas for long time.
"Indian Energy Exchange" (IEX in short) is a very good monopoly stock with strong fundamentals.
I hope you guys know about it.
now the stock has given a good retracement after trendline breakdown which is a good time to buy the dip.
also gave good confirmations for support reversal (mentioned in chart).
one can make a good buy here for investment and swing trading as well.
rest details mentioned in the chart. hope it help you. don't forget to like and share. it motivates me to post more ideas like this.
Keep risk management in check, have proper SL in trading ( not much required in investment ) and trade safely!
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Aniket.
keep learning and keep earning.
ADANI PORTS.... Building an empire on its own....We can appreciate a triangle pattern in the script. Follow the support and resistance trendlines for positional trade.
Fundamentally, the only Adani stock with a PE ratio of less than 30. Good to hold in one's portfolio.
Technically, the stock is good to buy around 660 to 675 levels. I'm bullish with Adani stocks..
Make your analysis and enter the trade. Risk averse traders can wait for the breakout and then take the trade....