Retest
Look no further while AETHER is Here ! -Annual Revenue rose 11.8%, in the last year to Rs 667.6 Crores. Its sector's average
revenue growth for the last fiscal year was 17.1%
-Annual Net Profit rose 19.7% in the last year to Rs 130.4 Crores. Its sector's average net
profit growth for the last fiscal year was 6.7%.
-EPS increased to 10.5 from previous year 9.67
PE Ratio is 109.7, higher than its sector PE ratio of 47.7 (Negative)
In the latest quarter :
DII Holding increased by 5.26%
Promoters holding decreased by 5.26%
FII Holding increased by 0.30%
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. It exports products to 18 countries, including Italy, Spain, Germany, the United States, and other parts of the world.
Business segment:
A) Large Scale Manufacturing (72% of FY21 revenue)
B) Contract Manufacturing (19% of FY21 revenue)
C) CRAMS (9% of FY21 revenue)
New Manufacturing units
In August 2021, it commenced construction of a new manufacturing facility #3 at Sachin, and it is in discussions with relevant authorities for acquiring land for the fourth manufacturing facility (manufacturing facility #4) at Sachin. Both these new manufacturing facilities (#3 and #4) will be within a short distance from manufacturing facility #2.
Hey Albert David ! Time for your Bid !- Company is almost debt free.
- Company has delivered good profit growth of 35.0%
CAGR over last 5 years
- Dividend Yield 1.12 %
- PE 8 vs Industry PE of 29
Albert David Ltd is engaged in manufacturing and trading of Pharmaceutical Formulations, Infusion Solutions, Herbal Dosage Forms and Bulk Drugs by way of domestic sale or export.
During FY22, the Co. introduced two products i.e., Evacure and C3H in the market. It is expected that these two products will augment the revenue and profits of the Company.
The Co. will continue to focus on enhancing its presence organically as well as inorganically, both in the domestic and the international market.
C'Mon DIXON C'Mon !- Annual Revenue rose 13.99%, in the last year to Rs 12,197.62 Crores. Its sector's average revenue growth for the last fiscal year was 24.13%.
- Annual Net Profit rose 34.36% in the last year to Rs 255.52 Crores. Its sector's average net profit growth for the last fiscal year was 5.85%.
- Quarterly Revenue rose 14.59% YoY to Rs 3,274.35 Crores. Its sector's average revenue growth YoY for the quarter was 12.51%.
- Quarterly Net profit rose 50.59% YoY to Rs 68.82 Crores. Its sector's average net profit growth YoY for the quarter was 26.16%.
- Mutual Fund Holding increased by 1.75% in the last quarter to 13.74.
- PE Ratio is high though at 113
- Company has reduced debt.
- Company has delivered good profit growth of 33.3% CAGR over last 5 years
- Company's median sales growth is 15.7% of last 10 years
Nifty 50 Hourly Analysis: Bullish Retest on the Horizon?Nifty 50 has recently showcased a breakout in the hourly timeframe, making a strong move to higher levels. Now, as it retraces, we're observing a potential retest of the breakout zone. This presents multiple long opportunities! What makes this even more enticing? The robust support from the 200 Moving Average.
Traders, are you spotting the same patterns? What's your game plan here? Sharing insights can lead to collective growth! Let's discuss!
And remember, always ensure your strategies align with market dynamics and risk management principles.
GEECEE : Swing Trade#geecee #swingtrade #vcpbreakout #cupandhandle #momentumtrade
GEECEE Ventures :
>> Breakout done, retest happening
>> VCP / Cup & Handle breakout
>> Good Strength & Decent Volume
>> Low Risk & High Reward Trade
Swing Traders can lock 10% profit & keep trailling
Please Like or comment if u r Liking the analysis & Learning from it. Keep showing ur Love
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
HDFC Life Insurance - An interesting CaseHere I am presenting an intriguing case involving HDFC Life Insurance stock⚡
On the left-hand side 👈 we have the weekly chart where two distinct zones emerged: a support zone and a resistance zone. An attempt to breach the support zone, occurring around 500, was made; however, this endeavor ultimately lacked follow through 😐 This resulted in a sudden and pronounced upward surge that propelled the stock past the resistance zone, situated around 617 🦾
On the right-hand side 👉 we have the daily chart. You can observe that the breakout of the resistance was not only successful but also promptly retested within a few trading sessions, leading to a resumption of the upward movement 🥂 Nonetheless, the stock encountered difficulties while approaching the 700 zone, culminating in the formation of a rising wedge pattern. It's worth noting that such a pattern is deemed bearish within the context of technical analysis ⚔
Subsequently, the stock experienced a retracement and has since retraced back to approximately the breakout level of 617. This specific level has previously acted as a point of resistance, thereby suggesting a likelihood of role reversal (may act as a support this time). Moreover, a closer examination of the candlestick patterns reveals that they have become narrower in proximity to the support area, indicating a potential waning of selling pressure👍
Furthermore, a falling wedge pattern, characterized as bullish, has also manifested. Should the stock's price successfully breach this wedge pattern to the upside, it may pave the way for an upward movement towards levels around 660, 700, or even 750 🚩
It's important to consider that this perspective would lose its validity should the price fails to escape the confines of the falling wedge pattern or commence trading below 600.
Thank you 🙏 for taking the time to read this analysis. If you find it insightful, please express your support 🚀 and anticipate more such ideas in the future 💰
Disclaimer: This is not an investment or trading advice. Please apply your own due diligence before investing your hard-earned money.
Gail Breakout and retest Level around 113 has been an important resistance zone, (purple shaded area)
On 25th july there was a breakout through this level accompanied with higher volume
After that there was a pullback,
and retest of the level around 113, which has now turned into support
After the retest, vol also increased indicating bullish strength
Oscillators are also in favour of bulls
Level of 129.8 (white horizontal line) is the next resistance after 122.8 (previous high)
All the white lines marked are further resistance levels
Keep SL of 113, Keep RR Ratio of 1:1 or above
For a Short Term Trade keep tgt 124
Tgts can be increased to further resistance levels depending on risk profile
**RETEST** Possible BUY in Titan with Good Risk:RewardAs you Already can see Titan is in UPTREND in Daily Time Frame.
* Price Slowly Approaching the Support Level. If price came to the Support Level and shows the price Rejection there or you can see any Bullish reversal Pattern Like "Bullish Engulfing, Piercing Line" etc with Good Volume. You can go Long.
* Please Keep this in Mind Volume Must be there at the Support Level.
* Risk / Reward is good as well
Disclaimer-: View is just for Educational purpose only.
Consult your financial advisor before taking any financial Decision.
HUL Analysis! W and Flag and Pole!HINDUSTAN UNILEVER ANALYSIS!
HUL Daily Analysis!
HUL Analysis with combination of Patterns and RSI!
Double Bottom Pattern Formation and Breakout in HUL!
Flag and Pole Pattern Formation and Breakout in HUL!
HUL has made Double Bottom pattern on daily timeframe it has given a breakout to the neck level and retested it's support level on the Neckline only. The interesting fact is, during it's retesting treading sessoins it has made Flag and Pole Pattern and also given a strong breakout. So we have combination of Patterns now with proper Breakouts and Retests. We can expect further upmove in HUL. Nifty also trending upwards.
Entry = Aggressive Investors can buy at current levels, Conservative investors can wait for small retest.
Stop Loss = Below 2577.65
Targets= 1) 2689.80 2) 2740.20 3) 2790.25 or 2827.35
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
Power shows Power Power Grid Corp has broken out of its ATH on beautiful volume at an increasing rate with two big green candles and has now pulled back on decreasing volume which shows that there is less selling and more buying in the stock. This is an opportunity to buy into the trend as the stock is in a clear uptrend and looks bullish.
This is a riskier trade and hence I would advice a position sizing method that will minimise risk and maximise reward.
What is position sizing?
It is when you first add half your position to check If the market is saying you are right or wrong, if the market moves in your direction, you will add your second half and tighten your stop loss. This way you add two positions but one only when the market shows you that you are correct.
Example: Suppose your risk is 100 per trade, You first buy enough Qt to risk only 50 ( Typically with a larger stop) and if the market forms a green candle or another bullish sign, you add another Qt to risk 50 more ( Total risk 100) and your second stop loss becomes tighter ( most probably at the breakeven of the first position) this way you minimise your loss but ur reward is the same and even more. If your first stop gets hit, you accept your mistake and move on.
Target: 1:2 Minimum/ Based on Price
Stop loss: 241.60 ( Below swing low)
( Updates will be provided)
Keep It Simple
Nifty50 Analysis! Trend Reversal is on the way!NIFTY50 Daily Analysis!
Head and Shoulder Pattern Formation in NIFTY 50!
Head and Shoulder Pattern Breakout in NIFTY 50. Currently Retesting!
NIFTY 50 was clearly in a Downtrend till 28th March. Nifty has moved in downtrend is about 4 months. From December 1 Nifty is falling like anything. After that Nifty started moving upwards. Now Nifty has made a nice Head and Shoulder Pattern on a Daily Timeframe and it started retesting to its support level 18069.
Scenario 1 = If Nifty took support at its recent level 18069 which is also one of the important Fib levels 1.618(Nifty will move up to 18369.30 ) = UP
Scenario 2 = If Nifty breaks above level(Nifty will move down up to 17900 which is Neckline extended support trendline ) = DOWN
Scenario 3 = If Nifty breaks above level(Nifty will move down up to 17557.40 which is a major swing level) = DOWN
Rest of the Analysis you will find on chart. I have done all the possible Analysis on the chart which took lots of time. If you like this Analysis please support this Analysis.
I hope you will lean something about Technical Analysis from this chart.
Thank you all for your Support!
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital