Multibagger
MULTIBAGGER --2023 ----SUZLONMONTHLY CHART SETUP --- SUZLON
1. Due to Bullish technical indicators , suzlon as a pick for potential multibagger on year 2023
2. Monthly trendline breakout seen cleary on chart , last month candle ( circle )
3. currently stock at uotrend consistetly past few months . as upper channel indicate the same
4. Stock trading above 44, 200 hma , golden cross of 44, 200 HMA currently seen as strong bullish indicator.
5. RSI above 60, Above wma, EMA & RSI positive crossover .
* Potential upside 50 to 80 % from current level.
* ENTRY 10.25 at current level , TARGET 12-15-18 in 1year , Stop loss bellow trendline supprt at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk . @@ This month i will be posting 10 potential multibagger for year 2023 this is 3rd on this series , , take as education purpose and do your own analysis before enter trade . !!
WISH YOUE ALL....HAPPY & PROAPEROUS NEW YEAR .!!
HAPPY TRADING .!
CAN BAJAJ HEALTHCARE BE A GOOD NEW YEAR PICK ?TECHNICALLY:
Stock is currently forming base and constructing sort of ascending triangle pattern if it closes above the 451 we can see it firing.
ABOUT COMPANY:
Bajaj Healthcare Ltd is an established player in the Indian Pharmaceutical Industry and fastest growing mid-cap pharmaceutical companies in India.
Various Active Pharmaceutical Ingredients (APIs), Amino acids, and nutritional supplements are produced and supplied by this bulk drug company to the pharmaceutical, nutraceutical, and food sectors.
The company manufactures and distributes APIs, Intermediates, Formulations, and Impurities.
API accounts for over 90% of total revenue, with 6 API production sites distributed across many states. It has a significant presence in over 50 countries through API exports, with a total manufacturing capacity of 730 MT per month.
Customers of BHL include well-known pharmaceutical companies such as Sun Pharma, Pfizer, HUL, Abbott, and GlaxoSmithKline plc, as well as Bajaj Medical LLC, Nestle Group, Evonik Industries AG, Intas Pharmaceutical Ltd., and Lupin Ltd.
The company operates API production factories in Tarapur, Maharashtra, Vadodara, Gujarat, and Ankleshwar, Gujarat. It has one Finished Formulations manufacturing unit in Gujarat. It has two intermediates manufacturing factories in Maharashtra.
The company's management has successfully achieved steady growth in revenues as well as profit.
HCC --- MULTIBAGGER - 2023 HCC -- Monthly chart setup --potential multibagger 2023
1. HCC seen cup & handle breakout on monthly chart .
2. Monthly trendline breakout seen on chart
3. RSI above 60 , above wma ,RSI ema positive crossover , all bullish inidicatots.
4. potential upside from current level 50-60% in 1 year.
5. ENTRY 18-20 target 24-28-32 in 1 year stop loss 14.50
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk!
.!! WISH YOU HAPPY & PROSPEROUS NEW YEAR !!!!
HAPPY TRADING .!!
Nelcast : +62% to +348% Upside PotentialNelcast 21 Dec 2022
In Play : HH-HL
Summary
- Breakout with huge volume
- Classic Cup & Handle
- ATH is at 119.75(20 Dec 2022)
Conclusion
- CMP 118.40
- Position can be initiated for potential targets
- Higher targets could be around
• Short Term - 152/180 (3-5 months)
• Mid Term – 217/244/292 (6-12 months)
• Long Term – 426-531(18-24 months)
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
JMC PROJECTS Good to watchNSE:JMCPROJECT
Good to keep on the radar
Always respect SL & position sizing
========================
Trade Secrets By Pratik
========================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
NELCAST Multi year BreakoutNSE:NELCAST
Good to keep on the radar
Always respect SL & position sizing
========================
Trade Secrets By Pratik
========================
Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
ITDC MULTIBAGGER STOCK ??!!!Fundamentally Good stock with quality parameters improving a lot !!!
Technically,
1. ITDC has given a weekly breakout with superb volume out of triangular pattern .
2. SL and Target levels mentioned in the chart.
3. Inverted Head and Shoulders pattern .
4. Evolving channel pattern.
Let's Wait and Watch how its going to move !!!!
Note - Just Sharing my view....not a tip nor advice !!!!!
Rashtriya Chem & Fert : +57% Upside PotentialRCF 23 Nov 2022
Stock BO with strong volume today from a consolidation of 2 months, we can witness a follow-through.
In Play : HH-HL
Summary
- Stock bounced from the VAH zone
- 2 months of accumulation
- Inv Head and Shoulder pattern(Confirmed BO)
- ATH is at 150.45
Conclusion
- CMP 118.40
- 3% Test position can be initiated
- Rest Qty can be planned on RT of TL
- Higher targets could be around
• Short Term – 126/148
• Long Term – 176(ATH @ 150.45) need to see price action in the ATH zone to confirm
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Gabriel India : +76.67% Upside PotentialNice BO with Above average volume, Gabriel India looks strong for higher targets mentioned on the chart.
First profit booking to be done near parallel channel top, on the first sign of weekness
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
Linc : +42%-162% Upside PotentialLinc : +42%-162% Upside Potential
After a long consolidation period stock BO with huge volume
Levels & Logic mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat