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Multiyearbreakout

Multi Year Breakout - Retesting Done (Flat Base Formation) Savita Oil Tech is involved in the business activities of Production of liquid and gaseous fuels, illuminating oils, lubricating oils or greases or other products from crude petroleum or bituminous minerals. The Stock broke out a multi year resistance with excellent volumes. The stock retraced back to re-test its breakout levels, took support of 50 DMA and bouncing back for new targets. RSI is at perfect levels. The volume is rising from last two weeks. The company is debt free and has a strong balance sheet. The company has posted an increase in EPS of 52% & 278% YoY in the September & December quarter of FY 21 respectively. Accumulate for targets of 1200-1300 with SL at 990. Long Term Target 1500. Feel free to share your feedback and queries.
NSE:SOTLLong
by mastermukund4
4
Multi Year Breakout - Rounding Bottom PatternEris Lifesciences is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. The Stock Broke out of a multi year breakout with good volume. RSI is at perfect levels. The stock is bouncing after taking support at 50 & 100 DMA both at the same place. The Company is performing good continuously. An annual revenue growth of 7% is good & ROE of 22% is exceptional. The Company is Debt Free and has strong Balance Sheet. It has potential to post good numbers in coming years as well. EPS of the Company has consistently improved. FPI have also improved their stake in the company from 10.11% in June, 2020 to 12.42% in March 2021. Accumulate for Targets of 700-760 with SL at 580. Long Term Target 850. Please feel free to share your feedback and queries.
NSE:ERISLong
by mastermukund4
2
Themis Medicare 3yr Breakout with Massive volumesMoving along with sector. SL: Sell below Breakout Candle. TGT: Breakdown for 20MA on Hourly chart (on a daily close basis) BUY RULES: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL RULES: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
NSE:THEMISMEDLong
by raavigeorgian
3
Multi Year Breakout - Cup and Handle PatternLupin Ltd. is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. The Stock broke out its multi Year Resistance with Cup and Handle Formation on charts. RSI perfect levels of 62. Fundamentally the Company is performing good and is also expected to better in coming time. Mutual Funds have increased their stake from 11.94% in June, 2020 to 13.05% in March, 2021. The Pharma space is also doing excellent and the expectation are sound. Accumulate for Targets of 1200-1300 with SL at 1040. Don't Miss it. Long Term Target 1500 Feel free to share your feedback and queries. Do follow me on Twitter for quick updates.
NSE:LUPINLong
by mastermukund4
9
Century Ply 3Yr Rounding BreakoutMoving along with sector. SL: Sell below Breakout Candle. TGT: SL: Below BO Candle TGT: Breakdown for 20MA on Hourly chart (on a daily close basis) BUY RULES: Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better. SELL RULES: Selling in Profit: Sell earlier in the session when the prices are higher, around 11AM. Selling at SL: Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
NSE:CENTURYPLYLong
by raavigeorgian
Multi Year Breakout - Retesting DoneJK Lakshmi Cement L is involved in the business activities of Manufacture of cement, lime and plaster. The Stock Broke out of a multi Year Resistance with good volumes. The Stock corrected thereafter and retested it. The Stock is ready to bounce. Fundamentally the stock very good. has posted some robust numbers in the past quarters. EPS of the company is growing consistently. Mutual funds have also increased their stake from 16.81% to 19.36%. Insurance Companies have also increased their stake. So the stock is in demand and favored by investors. Accumulate for targets of 460-500 with SL at 390. Feel free to share your feedback and queries. The stock moved around 3% while I was posting this analysis.
NSE:JKLAKSHMILong
by mastermukund4
USHAMART | Triple bottom | Breakout | Long termThe stock reflects the classic triple bottom pattern which I initially began tracing as cup and handles only to notice later that these multiple back to back cups are actually a triple bottom pattern. Classic price target {The breakout level + height } has been successfully achieved. The strong back to back bullish candles with huge volumes and a aggressive MACD supports the long term trend which also confirmed by the 2.5 year resistance level breakout.
NSE:USHAMARTLong
by amCyberPunk
Multi Year Breakout - Retesting DoneIndo Count Industries is involved in the business activities of Manufacture of bedding, quilts pillows, sleeping bags etc.. The Stock broke out of a multi year resistance, completed its retesting and is ready to for targets. The RSI is perfectly placed at 65 levels indicating a good time to enter into the stock. The Company has posted excellent results in Q2 & Q3 of FY 21. Sales increased by 23% and 24% respectively QoQ. At the same time EPS increased dramatically by 655% & 362% QoQ. Foreign Portfolio Investors (FPI) have continuously increased their stake from 7.27% in June to 9.82% in December. This shows growing confidence of FPI in the stock. Accumulate for a target of 170-200 with an SL at 121. Feel free to share your feedback and queries.
NSE:ICILLong
by mastermukund4
Multi Year Breakout - Retesting Done (Multibagger Stock)Fineotex Chemical Lt is involved in the business activities of Manufacture of chemical products or preparations of a kind used in the textiles, paper, leather and like industries. The stock has broken a multi year resistance with great volume. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The Company has reported a robust sales number in its last quarter results for FY 21 with an increase(%) of 72% QoQ. EPS has also improved dramatically by 277% QoQ. Mutual Funds have shown their interest & added this stock in their portfolio for the first time in the 3rd Quarter of FY 21 by buying an stake of 5.97%. This stake has also improved in the last quarter of FY 21 and now stands at 6.15%. Rise in interest is a good sign for the stock. The Stock has a potential of turning a Multibagger. Accumulate with SL of 59 for targets of 90-106 respectively. I would further recommend to hold it for 3-5 years for 10-15 times return. Feel free to share your feedback & queries.
BSE:FCLLong
by mastermukund4
6
Multi Year Breakout - Retesting DoneOrient Refractories is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material. The Stock has broken out of a multi year resistance with great volume. Company's sales are also growing consistently. Return on Equity is 20% which is exceptional. For December quarter, Increase(%) in QoQ EPS was 22% which is also a good sign. Qaurter March result is also Expected to be goog. Keep Accumulating the stock. Better to add 50% now and rest at lower levels for a target of 360-400 respectively. Do share your feedback & queries. Also let me know if u need an analysis on any stock.
OLong
by mastermukund4
4