Paradeep Phosphates Ltd | AGRI Momentum Stock
Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company.
Financial: strong
Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0
ROCE = 11.0 % ROE = 11.0 % Debt to equity...
Ascending Triangle Pattern in Daily Chart
Invest above 72 breakout and close above 75
Target : 106
SL : 60
Risk is yours and Reward is too yours totally
Paradeep Phosphates Ltd is India's second largest phosphate manufacturing company from Pvt sector. Multiple breakouts are seen in the chart. Parallel channel breakout, Cup & Handle breakout, trend line breakout - all are confirmed. Dividend date is on Sep 2023. A small correction can be expected after that. Have support at 68 levels. Technically chart looking...
Paradeep Phosphates- C & H breakout done. both fib ext and c & h target are exactly matching. ready to buy. As its a chemical stock, the trends also favouring. can see a quick move next week. Target is 92
NSE: PARADEEP is closing with a bullish momentum breakout candle supported with volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been moving along the horizontal support for the past few days which is indicating demand.
One can look for a 8% to 12% gain on...
Long entry can be taken after the BO of the resistance area. This stock forms the HH & HL. Also RSI level above 60 on higher time frames. Good risk to reward trade. This is for your educational purpose only.This is for your educational purpose only.
