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Raymond Lifestyle Ltd. Chart Analysis ### Detailed Chart Analysis for Raymond Lifestyle Ltd. (4-Hour Timeframe): #### **1. Chart Overview** The chart **Raymond Lifestyle Ltd.** stock on a **4-hour timeframe**, with **Heikin-Ashi candles**. Indicators included are **Volume**, **MACD**, and **RSI**. Notable chart patterns and support/resistance levels are also marked. #### **2. Observations** ##### **A. Price Action and Trend** 1. **Downtrend to Consolidation**: - The stock was initially in a downtrend, characterized by red Heikin-Ashi candles and lower highs and lows. - Consolidation occurred near the support zone at **₹1,913.15**, where price action stabilized with smaller candles and reduced volatility. 2. **Rising Wedge Formation**: - A **Rising Wedge** pattern has formed after consolidation, indicating a potential bearish reversal if the lower boundary of the wedge is broken. ##### **B. Key Levels** 1. **Support**: - **₹1,913.15**: This blue line represents a strong support level, where the price bounced multiple times during consolidation. A break below this level would signal further downside potential. 2. **Resistance**: - **₹2,125.00**: This is the immediate resistance, where the price is currently approaching. It coincides with the upper boundary of the rising wedge. - **₹2,772.10**: This higher resistance level marks a significant zone if the price manages to break above the current wedge. ##### **C. Volume Analysis** - **Decreasing Volume in Wedge**: - The rising wedge is accompanied by declining volume, a classic characteristic of this pattern, suggesting weakening bullish momentum. - **Volume Spike at Support**: - During consolidation at ₹1,913.15, a volume spike indicated significant buying interest, leading to the recovery phase. ##### **D. MACD (Moving Average Convergence Divergence)** 1. **Bullish Momentum**: - MACD lines (blue and red) have crossed above the zero line, signaling a bullish momentum. - However, the gap between the MACD and signal line is narrow, indicating limited strength. 2. **Divergence Risk**: - If the MACD starts forming lower highs while the price forms higher highs, it could signal bearish divergence, aligning with the wedge breakdown scenario. ##### **E. RSI (Relative Strength Index)** 1. **Current Reading**: - The RSI is at **55.68**, indicating moderate bullish momentum but still far from overbought territory (above 70). - RSI climbed steadily during the recent uptrend but shows signs of flattening near the resistance zone. 2. **Trend Insight**: - A fall below **50** on the RSI would confirm a bearish move, while a rise above **60** would indicate a continuation of the uptrend. --- #### **3. Key Events** 1. **Bounce from Support**: - The price rebounded strongly from ₹1,913.15, driven by buying interest, as reflected in the spike in green volume bars. 2. **Formation of Rising Wedge**: - The wedge pattern indicates a potential bearish reversal. Traders should monitor the lower wedge boundary for a breakdown. 3. **Approaching Resistance**: - The price is nearing ₹2,125.00, where sellers could exert pressure. A breakout above this level would invalidate the wedge pattern and suggest further upside. --- #### **4. Trading Insights** 1. **Bearish Setup**: - A breakdown below the lower wedge boundary, confirmed by increased volume and RSI falling below 50, would present a short-selling opportunity. The target for this move could be ₹1,913.15 or lower. 2. **Bullish Continuation**: - If the price breaks above ₹2,125.00 with strong volume, traders can look for long opportunities targeting ₹2,772.10. Confirmation from MACD (widening gap above the zero line) and RSI (rising above 60) would add confidence. 3. **Risk Management**: - In the case of a wedge breakdown, traders should place stop-loss orders just above ₹2,125.00. - For bullish trades, a stop-loss below ₹2,000.00 would help mitigate risks. --- #### **5. Conclusion** The chart presents a potential **bearish rising wedge** setup, with key resistance at ₹2,125.00 and support at ₹1,913.15. Traders should closely monitor price action at these levels for a breakout or breakdown, alongside confirmation from volume, MACD, and RSI.
NSE:RAYMONDLSLLong
by ramumaurya
High conviction stock - BANDHANBNKCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY ITS A BIG WHOPPER TO INVEST
NSE:BANDHANBNKLong
by Yoyohoneysingh93
2
High conviction stock - BIRLACORPNCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY
NSE:BIRLACORPNLong
by Yoyohoneysingh93
High conviction stock - GAELCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY
NSE:GAELLong
by Yoyohoneysingh93
High conviction stock - CREDITACCCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! STOCK IS AT RIGHT PE / RIGHT EVALUATION / MORE ROAD TO GROW / CORRECTED IV / EXCELLENT BOOKS / USING MARKET CRASH AS AN OPPURTUNITY / EPS AT SKY
NSE:CREDITACCLong
by Yoyohoneysingh93
High conviction stock - INDUSINDBKCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT These analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an up move using MA or RSI breakout or any such analysis. IMPORTANT : Wait for weekly close above the breakout level. Do your own research and analysis before investing your hard earned money.
NSE:INDUSINDBKLong
by Yoyohoneysingh93
High conviction stock - KPITTECHCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT These analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an up move using MA or RSI breakout or any such analysis. IMPORTANT : Wait for weekly close above the breakout level. Do your own research and analysis before investing your hard earned money.
NSE:KPITTECHLong
by Yoyohoneysingh93
High conviction stock - EQUITASBNKCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT These analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an up move using MA or RSI breakout or any such analysis. IMPORTANT : Wait for weekly close above the breakout level. Do your own research and analysis before investing your hard earned money.
NSE:EQUITASBNKLong
by Yoyohoneysingh93
High conviction stock - SAMMAANCAPCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT These analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an up move using MA or RSI breakout or any such analysis. IMPORTANT : Wait for weekly close above the breakout level. Do your own research and analysis before investing your hard earned money. Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favor that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NSE:SAMMAANCAPLong
by Yoyohoneysingh93
High conviction stock - UJJIVANSFBCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT !
NSE:UJJIVANSFBLong
by Yoyohoneysingh93
High conviction stock - MEDANTACheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Time makes money, GREEDY & EGO will not make money. The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play. LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
NSE:MEDANTALong
by Yoyohoneysingh93
High conviction stock - UNIONBANKCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Entry range - 110 - 118 Date - 21.10.2014 TIGHT SL - 105 or a proper close below this level
NSE:UNIONBANKLong
by Yoyohoneysingh93
High conviction stock - REDINGTONCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespecitve of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Entry range - 175-185 Date - 21.10.2014 TIGHT SL - 165 or a proper close below this level
NSE:REDINGTONLong
by Yoyohoneysingh93
High conviction stock - GLANDCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Entry range - 1680 Date - 21.10.2014 TIGHT SL - 1590 else wait for a candle close below this level.
NSE:GLANDLong
by Yoyohoneysingh93
High conviction stock - NESTLEINDCheck this stock which has made an all time low and high chances that it makes a "V" shaped recovery. > Taking support at last years support or breakout level > High chances that it reverses from this point. > Volume dried up badly in last few months / days. > Very high suspicion based analysis and not based on chart patterns / candle patterns deeply. DISCLAIMER : This is just for educational purpose. This type of analysis is equivalent to catching a falling knife. If you are a warrior, you throw all the knives back else you will be sorrow if it hits SL. Make sure to do your analysis well. This type of analysis only suits high risks investor and whose is willing to throw all the knives above irrespective of any sectoral rotation. BE VERY CAUTIOUS AS IT IS EXTREME BOTTOM FISHING. HOWEVER, THIS IS HOW MULTIBAGGERS ARE CAUGHT ! Entry range - 2355 Date - 21.10.2024 TIGHT SL - 2300
NSE:NESTLEINDLong
by Yoyohoneysingh93
1
#nifty directions and levels for October 10th.Good morning, friends! 🌞 Here are the market directions and levels for October 10th. Market Overview: The global market is displaying bullish sentiment, while our local market shows a moderately bearish trend. A gap-up opening is anticipated today, with SGX Nifty indicating an increase of approximately +110 points as of 8 AM. In the last session, we saw a lot of movement due to the RBI policy. The market is still somewhat weak overall, but the Gift Nifty is showing a positive start with around +100 points gap-up. This is because of global factors, like the Dow Jones going up strongly after the FOMC minutes. Gift Nifty also reacted to this. What should we do with this sentiment? We should wait for a breakout in a certain range. If the market breaks this range, we can follow that direction because of the mixed local and global factors. I'll explain this more clearly in the charts. Nifty and Bank Nifty have similar chart patterns. Nifty Current View: The current view suggests that if the gap-up doesn't sustain or the market rejects near the immediate resistance level of 25,173, then the correction may likely continue with a minimum downside of 78%. However, one additional confirmation is needed: after rejection, the market should break the lower trendline or the previous day's closing candle. Alternate View: The alternate view suggests that if the gap-up sustains, the market may consolidate around the 25,173 level. After consolidation, if this level is broken, we can expect the pullback to continue, targeting a minimum upside level of 25,272 to 78%.
NSE:NIFTY
by Manickamtraders
Moksh Ornaments LtdMOKSH ornaments Ltd shows a bullish C&H breakout, indicating a strong buying opportunity. This pattern suggests that the stock is set for further gains, with the breakout already confirmed and retested successfully. The volume build-up during the breakout is a positive sign. Moksh faced resistance ~24 level but has broken through, suggesting a move higher. The projected target is ~30 upside of 27% from the current price. For risk management set a stop loss at 19 to protect against any downturns. For me Moksh appears to be a great buy based on the current technical setup, with the 30-target expected to be reached in the next 1 to 3 months, provided the market remains supportive. kindly note that this analysis is only for study n educational purposes. Its not a buy, sell, or hold recommendation. The insights shared are based upon technical chart patterns. Investors Traders are advised to conduct their own thorough research before making any investment trading decisions. Thanks @vijaigautam
NSE:MOKSHLong
by vijaigautam
Are you ready to get 2332% Return if yes please Read descriptionHello Everyone, i hope you all will be doing good in your trading and your life as well, i know you guy's have to read about this stock which can give 2332% returns. So i am talking about welspun corp stock which has given breakout and retested the breakout zone on monthly time frame. Well i have written many things on chart about these, but still i will explain about this stock here too, but for the levels you have to go through chart above. 1st of all stock has given huge breakout after almost 16 years, and stock is sustaining above to this breakdown zone, All major indicators like, MACD AND RSI showing bullish crossover, price is above 200=DEMA, everything looks positive about this stock. So this is the best time to enter and hold for long term, now come about returns which i have mention on title, how will you get this much of returns in this stock if you invest now, 1st of all if you check major pattern on monthly chart, it is kind of triangle pattern right, in tringle pattern we always expect whatever inside higher length size will be we will expect that target for next move after breakout of triangle pattern. So if you check i have measure same length and i found stock has rallied 2332% in between, so i am expecting same. See guy's in longer term company always take some corporate action like, bonus and split so we might can see price differentiation on chart, but to calculate exact returns, you have to measure from today's date when i am publishing this post. i hope this have been clear, one thing i have written on chart as well, i am just going to do copying and paste here as well just read this is very important:- ((Friends, if you check inside the monthly chart analysis, you will see that many types of chart patterns were formed, many trendlines and supports were found breakout or breakdowns which occurred many times, but now in the long term the stock has given all time high breakout. which Formed in 2008, my point here to tell you all this is that if you think for long term you will never care about these noises, so if the company is good we should always find opportunity to invest and whenever we have any type correction in stock, we should take as another opportunity to add more at down levels. i hope i have explain clearly about long term investing method.)) i think this is one of the best idea or method to get best appreciation in returns in long term on your stock. So i am expecting you guy's have learned these unique techniques in investing world. if you think i have really teach you something best then do not forget to hit like on this post. NOW LET'S READ ABOUT THE COMPANY AND IT'S FUNDAMENTAL:- WCL is one of the largest manufacturers of large diameter pipes globally. The company also manufactures BIS-certified Steel Billets, TMT (Thermo-Mechanically Treated) Rebars, Ductile Iron (DI) Pipes, Stainless Steel Pipes, and Tubes & Bars. The company acquired Sintex-BAPL, a market leader in water tanks and other plastic products, to expand its building materials portfolio. It has also made strategic acquisition of specified assets of ABG Shipyard. Growth Strategy:- The Company has been undergoing a transformation journey since past couple of years by diversifying into related businesses that have good future growth potential. Setting up of DI Pipes facility in Anjar, Gujarat and acquisition of Sintex BAPL are a part of that strategy. Product Portfolio:- The product portfolio of the company comprises HSAW Pipes (Helically Welded), LSAW Pipes (Longitudinally Welded), and ERW Pipes (Electric Resistance Welded) for Onshore/Offshore Oil, Gas, and Water Transmission it also provides Coating System for anti-corrosion and Value-added Service like Double Jointing, Pipe Bending, ID Machining, etc. In Q3FY24, Sintex finalized its foray in Plastic Pipes segments through different types of PVC Pipes including CPVC, HDPE, UPVC and OPVC. Growth in Pipes Business:- DI Pipes sales - 9MFY24 sales volume rose almost 10x YoY to 135 KMT. Stainless Steel Bars sales volume grew by 201% YoY to 12,294 MT while, Pipes & Tubes sales volume rose by 23% YoY to ~3,667 MT during 9MFY24. DI Pipes in Middle East:- In Feb,24, company is planning to set up a 150 KMTPA DI Pipes manufacturing facility in the Middle East with an investment of ~Rs. 500 crore over next 4-6 quarters. The investment will be made through a combination of debt and equity. The plant is expected to commence commercial production by H1CY25. Market Cap ₹ 17,538 Cr. Current Price ₹ 669 High / Low ₹ 671 / 300 Stock P/E 15.8 Book Value ₹ 215 Dividend Yield 0.75 % ROCE 21.6 % ROE 21.5 % Face Value ₹ 5.00 Industry PE 19.7 Debt ₹ 1,949 Cr. EPS ₹ 42.4 Promoter holding 50.1 % Intrinsic Value ₹ 587 Pledged percentage 0.00 % EVEBITDA 8.91 Change in Prom Hold 0.18 % Profit Var 5Yrs 94.2 % Sales growth 5Years 14.1 % Return over 5years 37.0 % Debt to equity 0.35 Net profit ₹ 1,136 Cr. ROE 5Yr 14.4 % Profit growth 656 % Earnings yield 9.33 % PROS:- Company has reduced debt. Company is expected to give good quarter Company has delivered good profit growth of 94.2% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 34.9% CONS:- Stock is trading at 3.12 times its book value Company has a low return on equity of 12.2% over last 3 years. 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.
NSE:WELCORPLong
by TraderRahulPal
7
THE BOWL PATTERN. Clean and simple once the stock breaks out.THE BOWL PATTERN. Clean and simple, this sleeper pattern takes off once the stock breaks out. For the 2005 winners, the breakouts occurred on 52-week highs of the stocks' prices. In his book Encyclopedia Of Chart Patterns, Thomas Bulkowski tested and rated the various patterns, and the rounded, or bowl, pattern was the second most likely to rise, with a 54% chance to rise 20% or more. Even if a stock isn't the next big winner, it's a big bonus if you have a better than average chance of making money on the trade. Beyond the breakout pattern, logically the top 10 stocks should have strong fundamentals and it's important to know exactly what made them go up. So in retrospect, I followed the trail of news releases and earnings reports fueling their growth.
NSE:COROMANDELLong
by TuhinKumarMondal
1