Multibagger
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.
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.
GATI : 40% UP ; TARGET 94%Hello everyone!
This is also a follow up trade which I published on 8th Nov. Trade is up by almost 40%. Not bad!
Target is 100% aprox.
Trade is still on. It may take 1 more month or 2 to hit the target. Let's hope for the best.
Coffee Day opens up 2 wild targets that can help swing traders pCoffee Day opens up 2 wild targets that can help swing traders profit up to 300%?
Coffee Day stock has now moved from Stage 1 to Stage 2. This indicates a start of a new uptrend.
What's been brewing so long? (in technical lingo)
The basing stage has taken about 18 months from its all-time low of Rs. 14.25 in June 2020
The first weekly contraction was sharp and deep. It formed a low of 20.20 and moved to make a high of 49.65. The flag pole rise was a good 145% in a scant six weeks. The second contraction was again deep. The final weekly pivot range was in the narrow range of 13.73% and this took a good six weeks as well.
The current week’s close has witnessed a convincing breakout, that's supported by high volumes. A Wide-Ranging Bar (WRB) that formed this week has decisively closed at its highest levels and broken above on the weekly charts.
It's time to perk up and watch out for more.
This is the time where the market participants can continue their buying frenzy in truck loads. The early phases in the last two weeks have already seen significant buying since the 18th Oct 21. The higher weekly volumes show that Institutional buying has been in progress for the past seven weeks.
The institutional buyers seem ready to fire on all cylinders.
What lies in the weeks ahead?
The possibility in the coming week itself strongly seems to suggest a gap up open on Monday. The coming two weeks could lead to follow-through in price action with a high probability of the stock continuing to close at its extreme highs.
In all probability, this stock has a strong potential to turn into a +3X multibagger.
Potential targets for the upcoming first half of 2022 are;
Target 1 = 76.80 (+55%)
Target 2 = 89.55 (+80%)
Target 3 = 99.45 (+100%)
What looks possible further out into the future?
The second half of FY 2022 could well see the following wild targets opening up.*
Target 1 = 195.70 (+295%)
Target 2 = 216.80 (+337%)
*Subject to the uptrend remaining intact.
What are the hurdles ahead?
The range of 76.80 to 89.55 could well offer strong resistance. It will be interesting to see how Coffee Day powers through these ranges. These ranges should offer an opportunity for a healthy pause, consolidation, and low-risk entry at these higher levels.
Once Coffee Day manages to clear and sustain above 99.45 and close into the 3-digit territory. Then the path ahead could well be ready for a ludicrous mode move. (Tesla fans would understand this) For the rest of the guys that means rocket boosters lying in this zone could rapidly take this stock to the higher zones indicated.
Here's my Trade Plan
- Entry: Test Entry on market open. Add on pullbacks at 44.15, or worst case up to 40.20
- Initial Stop Loss (ISL): Below 38.80
Will keep updating the stock views on a weekly basis. (Depending upon significant price action and market structure changes.)
Coffee is best enjoyed while it's smoking hot.
INDLMETER IMP POWERS LTD
1) Wait for the Resistance breakout
2) Can expect minimum 20 to 30 % upside move
3) Target levels are mentioned in the chart
#107 HDFC BANK BLOCKBUSTER ON THE WAY107 (GENIE IDEAS): I will daily post intraday/swing/positional trading opportunities so u can analyse and get the most from it. if you like my analysis do like and follow me as a token of appreciation. And if you have any queries let me know.
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