COMPINFO - Rounding Bottom Breakout#Compuage Infocom Ltd.
#Monthly Chart - Multibagger
#Retest Done
#Buy 29-30
#TGT 62 & 80+
#SL 23.50
#Promoters Holding 58.33%
Multibagger
Stock of the week is Elgi EquipmentElgi Equipment - CMP: 337.5 / Target1: Rs 358 / Target2: Rs 382 / SL is 293
Stock showing momentum with RSI above 50
After recent pull back this stock looks attractive
TANTIACONS : 5x MULTIBAGGERHello Traders!
This is another potentially multibagger Stock, that can give 5x return in 2 to 3 months. Entry can be taken @ Cmp. SL will be the low of the support zone(strictly weekly closing).
Target is mentioned in the chart. Before entry keep position sizing as per rule.
Disclaimer : This is for educational purpose only and not my Trading recommendation.
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!
TGV SAARC Nearing Multiyear BreakoutTGV SAARC Nearing multiyear Breakout.
TGV Sraac Ltd is engaged in the production of chlor-alkali products, chloromethane, castor derivatives and fatty acids.
It is the flagship company of TGV group which has presence in industries such as healthcare products, aqua culture, real estate, pharmaceuticals, industrial chemicals and hospitality.
ADANIPOWER :50% ACHIEVED Hello guys!
This is a follow up trade for ADANIPOWER. Stock has reached its 1st target and given 50 more than 50%. Target is huge. For more clear view refer to the chart. Yet to reach the target. Just enjoy the ride.
Multibagger Formationstrong multibagger formation
⚠️only for risky players⚠️
⚠️only for risky players⚠️
cmp 133
You can set your sl @110 range
I dont know about funda.plz study before taking an entry.
Brightcom group no waiting now for brightcom group stock parallel channel breakout also dons.
now sit and relax guys ...
Simran Farms- Monthly BO RetestSimran Farms is engaged in the business of integrated poultry and poultry products.
Vodafone Idea, a multibagger in makingVodafone Idea has immediate target of INR 17 and once it manages to stay above the weekly trendline, it will create a Bullish Wolf Wave and it can be expected to run upto INR 45
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.
SIMBHAOLI SUGAR: RE-ENTRY FOR 300%Hi guys!
As per my previous analysis the stock exactly reversed from the SL after retesting the level and did not close any weekly candle below that level . So you can see how powerful is the mentioned SL. Now it has given a reentry because the current weekly candle closes above the trendline.
Entry can be taken @CMP
Target is predefined as shown in the chart.
SL is also be the same.
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.
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.
Watchout level for R Power 11.50 To 12.50 crucial level for reliance power weekly closing basis . promoters is increasing their stake is good thing , a section is highly optimistic about this stock ,
watchout level of RSI as well . ONE may add near these level with stop loss of 11.10
BUY GIPCL Opportunity in making following perfectly a parallel channel , taking support near 200EMA. good fundamentals with huge power upside potential . Use ur own discretion
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 !!
TMRVL : TARGET 105% IN 1 to 2 monthsHello guys!
Stock is sustaining above the 50 ma net. So it's in uptrend. Therefore its a high probability trade. As you can see in the chart. I assume it'll break the upper trendline soon. Entry can be taken @cmp or one can wait for breakout with SL of the below support.
I assume it can easily be 2x in 1 to 2 months.
All is clear in the chart.
Disclaimer : This analysis is only for educational purpose & not for trading recommendation.
NAHARPOLYCMP -367
Target - Open
SL -270MCB
#NAHARPOLY #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
