ORIENTPPR on v long term chartStock seems too good above 62.25
keep it in a watchlist. can be added even in pullback
ORIENTPPR
ORIENTPPR | Multiyear Breakout📊 DETAILS
Sector: Paper & Forest Products
Mkt Cap: 1,084 cr
Orient Paper & Industries Ltd is engaged in manufacturing and selling of paper and other products including Caustic soda Lye, C.S Flakes, Liquid Chlorine and Hydrochloric Acid.
TTM PE : 8.39 (Average PE)
Sector PE : 7.22
Beta : 1.10
📚 INSIGHTS
Strong Performer
Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators
13.88% away from 52 week high
Underperformer - Orient Paper and Industries down by -4.76% v/s NIFTY 50 down by -2.17% in last 1 month
📈 FINANCIALS
Piotroski Score of 6/9 indicates Average Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Orient Paper and Industries Breakout🚀 Months of quiet preparation, one explosive result! 📈💥 #ORIENTPPR Orient Paper and Industries Ltd breaks free from its long consolidation, signalling potential for remarkable gains ahead. 📊📈
Note: Charts are for educational purpose only
Orient Paper & Industries LTD - Double Digit + Just a View📊 Script: ORIENTPPR (ORIENT PAPER & INDUSTRIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Commodities - Forest Materials
📊 Industry: Paper & Paper Products
Key highlights: 💡⚡
📈 Script is trading near at its support level which is around 30 which was previously working as resistance level.
📈 script may bounce back from its support level keep an eye on it.
📈 if it start moving upward first target will be 35 , Always maintain your Risk & Reward Ratio.
⏱️ C.M.P 📑💰- 31
🟢 Target 🎯🏆 - 35
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Target 2 (30%) achieved in Orient Paper & Ind. Target 3 is ON...This is follow-up on Orient Paper & Ind. Can check link to related ideas.
Target 2 achieved. More than 30%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
#JKPAPER CMP 162.65 #Target 181 #swingtrading #trading #stocks
#JKPAPER
NSE: JKPAPER
CMP 162.65
Target : 181.4
SL 150
RR Ratio > 1.5
Time Frame < 45D
Factors:
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.
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With 💚 from Rachit Sethia
