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Multibagger

YESBANK - TREND REVERSAL PATTERN FORMATION NSE:YESBANK =Rectangle formation after a bear trend indicating short term trend reversal. Yes bank has witnessed a very long bearish downtrend. Yes bank has taken a support of lifetime low and its is consolidating heavily around that zone for more than a year Have given a breakout from rectangle formation on daily timeframe with volume spike. This might give follow up move in some time Take small quantity above 15.25 for a swing trade and keep accumulating more on the breakout test zone. # Have discussed how to trade rectangle pattern refer it for more detail. Hope you found this helpful and I sincerely hope you find a ton of good rectangle formations to trade-in! Happy Trading!
NSE:YESBANKLong
by SANJAYPATIDAR_
Avadh Sugar Rounding Bottom Multiyear BreakoutSource:- Screener.in Avadh Sugar & Energy Ltd is primarily engaged in the manufacture and sale of sugar and its by-products (molasses, bagasse and press-mud), spirits including ethanol and power. It was incorporated in March 2015 with the purpose of transferring sugar units in Uttar Pradesh of Oudh Sugar Mills Limited (Oudh) and Upper Ganges Sugar & Industries Limited (Upper Ganges) to a separate entity. Business Division Sugar: The Co crushed 576 lakh quintals of sugarcane in FY21 with average recovery of 10.8% against crushing of 599 lakh quintals in FY20 with average recovery of 11.5%. Distillery: The Co uses its entire molasses output captively to produce ethanol and alcohol. During FY21, the distillery was in operation for 296 days against 285 days in FY20. Power: The Co has bagasse-based power generation capability. It produced 19.7 crore units of power during FY21. Revenue Split Sugar - 85% in FY21 vs 87% in FY20 Distillery - 13% in FY21 vs 10% in FY20 Power - 2% in FY21 vs 2% in FY20 Manufacturing Capabilities The Co has 4 sugar mills at Hargon, UP with an aggregate crushing capacity of 31,200 TCD (tons cane per day), three power cogeneration units with capacity of 74 MW and two distillery capacity of 200 KLPD. Capex The Co has announced a capex of 135 crores for Debottlenecking & efficiency improvement measures and expansion of Distillery capacity to 320 KLPD. The capex is going to be funded by mix of debt & internal accruals. Reduction in Debt The Co. reduced its Total Debt by Rs. 291 Cr from Rs. 1373 cr in Mar 21 to Rs. 1082 cr in Sep 21. [ Focus The Co is focused on manufacturing B-Heavy ethanol, to boost overall profitability. It is also focusing on strengthening the balance sheet by reducing its debt.
NSE:AVADHSUGARLong
by StrategicAlpha
Indian Sucrose Ltd- Nearing Multiyear BreakoutIndian Sucrose Limited is an India-based company, which engages in the manufacturing and refining of sugar. Stock is deeply undervalued. With global Sugar prices near fresh 52 week highs, this becomes a key trigger for this company. Multiyear breakouts are super interesting patterns and are used by momentum traders. Multiyear breakout suggests that something big is happening with the company from fundamental, value or triggers front.
BSE:INDSUCRLong
by StrategicAlpha
RPOWER- Multibagger possibilityFundamentals- RPOWER has shown a turn around in it's balance sheet by repaying it's loan. Repayment has been made using the cash flow from operation and not by selling it's assets. There has been increase in the promotor shareholding as well, though it remains low overall. Even is the operational revenue remains same the company can be expected to recover from it's debt ridden condition in 3-4 years. This could convert this penny stocks into a multibagger. Chart Pattern RPOWER, after a bullish rally during mid 2021, has entered a consolidation phase. The volume has been falling. It can give a breakout soon. NOT A BUY/SELL RECOMMENDATION.
NSE:RPOWERLong
by adityarajnema59
RPOWER - MULTIBAGGER - POTENTIAL RPOWER is part of RELIANCE GROUP CO ... Reliance power has been established to develop, construct and operate power project in india and internationally. stock has potential multibagger if quarter performance and margin improves further, technically weekly chart shows some sign of Bullish indicators potential around 20-30% upside in next 3-4 months. TECHNICAL BULLISH INDICATORS. >> Trendline breakout >> Stock trading at 200 SMA support on weekly chart >> W pattern formation seen >> volume seen increase in recent time. >> moving avg crossover in weekly chart confirm uptrend . BUY RPOWER cmp @ 16.10 TARGET 1-18 TARGET 2 -25 ( 3-4 Month ) Stop loss 12 ** PLEASE DO OWN ANLYSIS THIS IDEA CAN HELP YOU FOR SAME..take call at own risk ! HAPPY TRADING !!
NSE:RPOWERLong
by champtrade111
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