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Multiyeartrendlinetrading

PONNI SUGARS ERODE is ready to EXPLODE This is a NO BRAINER. Beautiful multi year retest at support from 2013. All you need here is Patience. Further the company fundamentals are good too. Debt Free The Co. became a zero debt entity by end Q1 FY22, while temporary surplus funds are being parked in Bank FDs, pending capex spend on its ethanol project. - Company is almost debt free. - Stock is trading at 0.76 times its book value - Company is expected to give good quarter - Debtor days have improved from 45 to 19 days. - Company's working capital requirements have reduced from 78 days to 54 days - PE Ratio is 8.6 vs its sector PE ratio of 14 - Annual Revenue rose 52%, in the last year to Rs 450 Crores. Its sector's average revenue growth for the last fiscal year was 22%. - Annual Net Profit rose 31% in the last year to Rs 38 Crores. Its sector's average net profit growth for the last fiscal year was 22.1%. - Quarterly Revenue rose 16% YoY to Rs 107 Crores. Its sector's average revenue growth YoY for the quarter was 7% - Quarterly Net profit rose 208% YoY to Rs 6 Crores. Its sector's average net profit growth YoY for the quarter was 11%. Ponni Sugars (Erode) Limited is a sugar manufacturing company. It is an associate of Seshasayee Paper and Boards Limited. It has a sugar factory at Erode (Tamilnadu) having a capacity to crush 3500 tonnes of sugarcane per day and generate 19 MW of power. Business Segments Sugar (71% of revenue) Power (12% of revenue)
NSE:PONNIERODELong
by CannySunny
Multiple year breakout | Bajaj Hind SugarNSE:BAJAJHIND 1st breakout already happened and it has sustained it. No in this month it has tried to break the next level but failed and coming down to check the support level of 17. And if it gets the support from 17 then in next month we can see a good move in this stock. Once can enter from this current level as well another safe entry point will be from 25 level. Target will be 25,30,35,45 +++ But it is not advisable to add all your capital in this stock. Mostly it trades in upper and lower circuits. Comment your suggestions or doubts.
NSE:BAJAJHINDLong
by Trading_hawk
R Systems International Multiyear Breakout with VolumeNSE:RSYSTEMS Levels already mentioned.. Look for swing.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions.. 4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks
NSE:RSYSTEMSLong
by tradingrhythm1