Falling Trendline and Neckline Breakout seen in fertiliser stockHello everyone i have brought a stock which has given breakout of falling trendline pattern and later on it has given breakout of neckline with huge volume spike.
Stock name is Deepak Fertilisers and Petrochemicals Corporation Ltd. It is Incorporated in 1979, this is in the business of fertilizers, agri services, bulk chemicals, mining chemicals and real estate.
Technically stock is looking very positive on chart, it has given breakout of triangle pattern with volume.
Price is above 200-DEMA.
Stock is giving bullish crossover on macd indicator.
After falling trendline breakout, stock has given breakout of it's neckline in today's session.
Everything suggesting a uptrend in coming few days to month.
So if anybody wants to accumulate at this levels can do and add more if you get some lower levels on chart around 650.
Market Cap
₹ 9,381 Cr.
Current Price
₹ 743
High / Low
₹ 759 / 450
Stock P/E
21.2
Book Value
₹ 428
Dividend Yield
1.13 %
ROCE
11.6 %
ROE
8.45 %
Face Value
₹ 10.0
Industry PE
41.1
Debt
₹ 4,149 Cr.
EPS
₹ 35.0
Promoter holding
45.6 %
Intrinsic Value
₹ 1,014
Pledged percentage
0.00 %
EVEBITDA
9.34
Change in Prom Hold
0.17 %
Profit Var 5Yrs
50.4 %
Sales growth 5Years
5.17 %
Return over 5years
45.5 %
Debt to equity
0.77
Net profit
₹ 457 Cr.
ROE 5Yr
15.6 %
Profit growth
-62.7 %
Earnings yield
8.39 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Necklinebreakout
Short Term Trading idea, Positional base viewHello everyone, i have brought a positional trading idea, Stock has given breakout of it's neckline, chances are higher for upside from here, stock name is Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers. It is a subsidiary of Zuari Fertilisers and Chemicals Limited, an Adventz Group.
Technicals:-
Stock is trading above 200-DEMA
MACD and RSI is giving bullish crossover (RSI AND DEMA i have not placed here, but i have done analysis for these indicators)
Spike in volume is supporting breakout.
Stock is good for short term positional base for given targets above in chart.
Market Cap
₹ 1,541 Cr.
Current Price
₹ 130
High / Low
₹ 156 / 94.4
Stock P/E
9.95
Book Value
₹ 79.3
Dividend Yield
1.15 %
ROCE
16.6 %
ROE
17.8 %
Face Value
₹ 10.0
Industry PE
31.5
Debt
₹ 1,039 Cr.
EPS
₹ 13.1
Promoter holding
60.6 %
Intrinsic Value
₹ 111
Pledged percentage
48.1 %
EVEBITDA
5.40
Change in Prom Hold
-0.01 %
Profit Var 5Yrs
34.6 %
Sales growth 5Years
4.31 %
Return over 5years
26.9 %
Debt to equity
1.11
Net profit
₹ 155 Cr.
ROE 5Yr
15.5 %
Profit growth
11.7 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
InfoBeans Technologies Ltd is Ready to fly in Blue skyHello everyone, i have brought a stock which has potential to grow more than 100% from current levels. Yes i am talking about Infobeans Technologies which is primarily engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3.
Stock has given bullish crossover
Volumes are supporting neckline breakout
price is above 200-DEMA
Market Cap
₹ 1,151 Cr.
Current Price
₹ 472
High / Low
₹ 555 / 362
Stock P/E
51.2
Book Value
₹ 122
Dividend Yield
0.21 %
ROCE
11.7 %
ROE
7.92 %
Face Value
₹ 10.0
Industry PE
31.8
Debt
₹ 24.5 Cr.
EPS
₹ 9.25
Promoter holding
74.2 %
Intrinsic Value
₹ 378
Pledged percentage
0.00 %
EVEBITDA
17.2
Change in Prom Hold
0.00 %
Profit Var 5Yrs
4.05 %
Sales growth 5Years
26.1 %
Return over 5years
48.6 %
Debt to equity
0.08
Net profit
₹ 22.5 Cr.
ROE 5Yr
16.5 %
Profit growth
-37.6 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
Just A View - GRAPHITE📊 Script: GRAPHITE
📊 Sector: Capital Goods-Non Electrical Equipment
📊 Industry: Electrodes - Graphites
Key highlights: 💡⚡
📈 Script is trading near at Neckline of Double Dottom on Monthly Chart.
📈 One can go for Risky Swing Trade for 66 points till resistance which is 755.
📈 Safe trader can buy only above 755.
BUY ONLY ABOVE 755
⏱️ C.M.P 📑💰- 688
🟢 Target 🎯🏆 - 939
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
AWHCL - SWING TRADE - 29th November #stocksAWHCL (1W TF)
Swing Trade Analysis given on 29th November, 2023 (Wednesday)
Pattern: RECTANGLE BOX BREAKOUT
- Upper Resistance Breakout - Done ✓
- Neckline Breakout - Done ✓
- Retracement + Consolidation - Done ✓
- Volume Buildup & Spike - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #AWHCL