PIRAMAL PHARMAPPL offers a portfolio of differentiated products and services through end-to-end manufacturing capabilities across 17 global facilities and a global distribution network in over 100 countries. It includes an integrated CDMO business, CHG business and ICH business, selling over-the-counter products in India. In addition, it has a joint venture with Allergan, a leader in ophthalmology in the Indian formulations market.
Piramal Pharma Solution provides integrated drug discovery, development, and manufacturing services for both drug substances, i.e. active pharmaceutical ingredients (APIs) and drug products, i.e. formulations across the life cycle of a molecule, from discovery and clinical development to commercial launch. In addition, the Company has a joint venture (Allergan India Private Limited) with Allergan (now AbbVie), one of the market leaders in ophthalmology in the Indian formulations market.
The Company is among the leading players in India in the self-care space, with established brands like Saridon, Supradyn, Lacto Calamine, Little's, Tetmosol, i-Pill and Polycrol.
PPL
Prakash Pipes Ltd - Breakout Setup, Move is ON...#PPL trading above Resistance of 514
Next Resistance is at 773
Support is at 385
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
PPL | Swing Trade📊 DETAILS
Sector: Plastic Products
Mkt Cap: 1,113 cr
Prakash Pipes is engaged in the manufacturing of PVC pipes & fittings and packaging products. It was incorporated in June 2017 created out of a
demerger from Prakash Industries Limited.
TTM PE : 14.98 (High PE)
Sector PE : 76.92
Beta : 1.09
📚 INSIGHTS
Strong Performer
Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
5.55% away from 52 week high
Outperformer - Prakash Pipes Limited up by 13.78% v/s NIFTY 50 down by -0.2% in last 1 month
📈 FINANCIALS
Piotroski Score of 7/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
🔍 More Analysis & Trade Setups 🔍
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PPL - PRAKASH PIPESEntry: above 425
SL: weakness below 402
Targets : 490/540
Setup Invalid : If price goes below 382
● Pattern: VCP
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Price went up around quick 80% in span of 6 days in October
● After that, price moves sideways forming Higher Low's and Lower High's
Riding the Waves: PPL Cup and Handle Pattern In recent chart analysis, PPL Corporation (PPL) appears to be crafting a classic Cup and Handle pattern, signaling exciting possibilities for traders seeking a bullish trend reversal.
However, it's essential for traders to exercise prudence, considering historical performance, market conditions, and risk management strategies to ride the potential upside wave in PPL stock. Keep a keen eye on the breakout and volume indicators, and may your trades be guided by informed decision-making. Happy trading!
PPL Making CUP & HANDLE Pattern 15M | READY FOR BREAKOUTPPL creating cup and handle pattern in 15 M time frame. Now it is trading aroud it's resistance ie 163 if it will break this level with HIGH VOLUME then you can take entry arount 164 for swing trade. Targets are 170, 188, 200 and the SL 160. you can enter here for 2:1 RR .
#MAXHEALTH CMP 244.90 #Target 271(10%+) #cnxpharma $GLD $GS $JPM#MAXHEALTH
NSE: MAXHEALTH
CMP 244.90
Target : 271
SL 228
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
⭐ Pipes are buzzing | Amazing pattern waiting to be traded As we are going towards 100 followers :) which I didn't even expect can happen so fast :) Thanks to all
OK so now talking of charts !!
Pipes and pumps are buzzing and such good trades cant be missed by u all !!
Definitely plan it as per your risk and trade it like a trader :)
Targets can be near-term fibo extensions or even long-term fibo ext as it's trading on all-time highs...
Have a good day ahead guys and happy trading as well :)
PRAKASH PIPES LIMITED - SHORT TERM TRADING IDEACan be watched out for next week ztarting 15/03/2021.. Seems Darvax Theory applies too..
As soon as it comes out of box , can give 15-20% move !!!
Stop Loss is Small..
Lets see , if market is positive and mometum comes.. will buy for trading purpose !!!
Apollo Pipe and other companies making new 52wk high is also helpful for PPL..