SESHASAYEE PAPERSeshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.
SPBL is the flagship company of SPB-ESVIN Group headquarted at Chennai. The company was incorporated in the year 1960, Seshasayee Paper has six decades of experience in the Indian paper industry.
SPBL manufactures a variety of papers such as printing and writing (P&W) grade papers (WPP), packing and wrapping grade papers, specialty grade papers, etc.
Intrinsic Value ₹ 500
ROCE 20%
EBIDT growth 3Years 45%
EPS growth 3Years 37%
ROIC 17%
SESHAPAPER
SESHAPAPER | Good for Long |NSE:SESHAPAPER
CMP: 347.5
Reason for Trade : TrendLine BO
Entry : Cmp or near Support 340 - 330
Stop Loss: According to one's Risk Reward ratio
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SESHAPAPER | Swing Trade📊 DETAILS
Sector: Paper & Forest Products
Mkt Cap: 2,302 cr
Seshasayee Paper & Boards is engaged in the business of manufacture and sale of printing and writing paper.
TTM PE : 6.15 (Average PE)
Sector PE : 7.07
Beta : 1.05
📚 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
13.44% away from 52 week high
Outperformer - Seshasayee Paper and Boards up by 3.68% v/s NIFTY 50 up by 3.1% in last 1 month
📈 FINANCIALS
Piotroski Score of 8/9 indicates Strong Financials
Disclaimer: This analysis is for educational purposes only, and I'm not a SEBI registered analyst.
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Seshasayee Paper ready for upmove1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
NSE:SESHAPAPER has given a breakout today with high volume. It's a buy with a stop at ₹269.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
YR 2022 Idea #36: Long on SESHAPAPERThis is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
Range break in Seshasayee PapersChart -> Seshasayee Papers Daily
After 4 times trying to break 195, finally on last Friday it broke out with big bullish candle and volume confirmation.
CMP: 202
Next levels: 228, if 228 broken -> 244, if 244 broken -> 270
Stoploss: 174
Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please consult your financial advisor before taking any action.
PAPER INDUSTRIES MAY GIVE RALLYJK PAPER : Currently this is trapped in rectangular pattern consolidation. The upper ceiling stands to be at 253 and lower support is 218. It has been range bound with in this range. Recently it is testing 220*4 HRS Moving average. Previously the up move came after it tested 220*4 HRS Moving average. And hopefully we will see a good up move from now onwards, the SL remains to be at below 218 on closing basis.
SESHAPAPER :
This stock is taking support at 200 DMA and in bullish continuation pattern. Fundamentals are even good.
RUCHIRA :
Ruchira Papers is the stock I am having a lot of expectation. Currently It is taking Resistance as support. Respecting the 200 DMA as well.I am bullish about this stock also.
Analysis & Chart by - ADARSH DEY
#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
Sesha Paper - CMP: 163After long accumulation, the stock has given Wedge Pattern Breakout with a good and increasing delivery volume. It is taking resistance near 168 of the inside wedge. Closing above 169 will move the price ahead. MACD crossover confirms positive price movement. We can expect a target of wedge pattern as 255 in the near term.