MULTIBAGGER 2023---DB CORPMULTIBAGGER 2023 -- MONTHLY CHART SETUP --DB CORP
1. DB CORP seen Bullush monthly chart setup at current level so as pick potential multibagger year 2023
2. Monthly Resistance breakout seen on chart above 120 level
3. currenly trading at upper channel
4. Golden cross 44,200 hma seen since stock trading uptrend , above 44,100,200 HMA
5. RSI above 60, above wma, RSI & ema positive crossover seen , currently RSI at 60.55 Strongly Bullish
6. Potential upside 40-50% from current level in year 2023
7. Entry 120-130 level Target 150-175-200 stop loss 100
THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !
HAPPY TRADING ......WISH ALL HAPPY & PROSPEROUS NEW YEAR 2023
Multibagger
RKFORGE - SMALL CAP - MULTIBAGGAR Close to 52 Week High
3.57% away from 52 week high of Rs 318
Performance Today
Underperformed Sector by -2.03%
Trend Reversal
Stock has fallen after 3 days of consecutive gain
Day's Low
Stock touched an intraday low of Rs 305.1
(-2.32%)
Moving Averages
Ramkrishna Forg. is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day moving averages
Falling Investor Participation
Delivery Vol of 2.32 lacs on 31 Mar has fallen by
-1.93% against 5-day avg delivery vol
Liquidity
Based on 2% of 5 day average traded Value the stock is liquid enough for trade size of Rs 0.69 cr
Fundamentals
Pat (HY)
At Rs 128.27 cr has Grown at 43.46 %
Net Sales (HY)
At Rs 1,601.92 cr has Grown at 35.74 %
Roce (HY)
Highest at 16.45 %
Inventory Turnover Ratio (HY)
Highest at 3.38 times
Debt-Equity Ratio (HY)
Lowest at 1.20 times
Debtors Turnover Ratio (HY)
Highest at 3.57 times
Best time to enter 290 levels
PAYTM --Turn to Multibagger ATM PAYTM --DAILY CHART SETUP -- Bullish reversal on card --may turn to Multibagger ATM
Technical observations .
1. Daily chart setup PAYTM seen trading at upper channel currently last candle close at lower level of upper channel
2. 180 HMA Support seen at last daily candle
3. Last candle form as doji trend reversal at lower level of upper channel indicate trend reversal from downtrend of channel
4. CCI ema seen follwing trendline upper trend support
5. Entry last doji candle close above 585 target (3-6 month ) 600-650-700 + ( channel high indicate 750 + level )
6. stop loss bellow strong support 501 hourly candle close
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..** trade at own risk !!
HAPPY TRADING !!
multibagger -- 2023 -- PAYTM PAYTM -- DAILY CHART -- SETUP --- POTENTIAL -- MULTIBAGGER 2023
1. PAYTM Pick as potential multibagger 2023 due to bullish indicators on daily chart setup.
2. Daily trendline breakout seen on last closing candle
3. Resistance breakout seen on last closing candle
4. stock seen following trendline support after pullback from oversold level sub 450
5. stock above 44, and near 200 hma support on last clsoing daily candle .
6. RSI above wma , ma ema positive cross seen and RSI near 60 level bullish zone ,
7 . ENTRY at current level 540-550 , Target 1--- 600-650- Target 2- 700-750 stop loss bellow trendline support 499-500
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own Risk .!!
HAPPY NEW YEAR..!! HAPPY TRADING !!
MANAPUPURAM ---MULTIBAGGER 2023MANAPPURAM -- Monthly chart setup - GOLDEN YEAR 2023
1. stock trading at Monthly upper channel , channel lower level support seen around 100-105 level from then continuation to upward channel
2. Gold price appreciation this year gold price hit all time high, that boost fundamentally.
3 . Normalized smooth MACD shown at positive crossover point
4. Double bottom support seen at trend reversal around 80-85 level
5. potential upside 50-80% from current level 115-118 target 150-180-200 n 1 year, stop loss bellow channel and trendline support at 75
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
** HAPPY TRADING. !!