SHAREINDIA
SHAREINDIA - Weekly breakout and retest SHAREINDIA - Weekly breakout and retest successful. The stock shows a very healthy growth both fundamentally and technically. Great place to enter with a handsome risk: reward.
Note: It's important to note that these observations reflect my personal views, and I recommend conducting thorough research before making any buying or selling decisions.
SHAREINDIASHAREINDIA:- The stock has given a breakout after 11 months. Volumes are also showing good.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Kindly Share SHAREINDIA with India !!!-3 Years ROE 46%
-Good profit growth of 86.8% CAGR over last 5 years
-Annual Net Profit rose 63.47% in the last year to Rs 328.83 Crores. Its sector's average net profit growth for the last fiscal year was 66.88%.
-Quarterly Net profit rose 39.35% YoY to Rs 82.11 Crores. Its sector's average net profit growth YoY for the quarter was 54.56%.
-PE Ratio is 13 lower than its sector PE ratio of 24.
Share India: Breakout and Growth Potential.Hello guys I hope you guys are doing great.
I am back again with a short analysis of share India securities LTD.
Chart is self explanatory so, we will keep it to the point. As we can see in weekly timeframe Share India has been consolidating for the past 18 months. Initially, it formed a descending triangle pattern and gave a breakout. Subsequently, it started forming a head and shoulders pattern, and this week it experienced a strong breakout. The company is fundamentally strong. Although it falls under the small-cap category and operates as a stockbroker, it is experiencing significant growth. We could consider a target of 25% with a stop loss set around 18%.
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Note: This is for informational purposes only. Do your own research before investing.
YR 2022 Idea #65: Long on SHAREINDIAThis 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.
SHAREINDIA Rising in Silence !!!!As the title states , SHAREINDIA has steadily shown a breakout
of cup and handle pattern with accumulating volume without
facing much resistance at its neckline.
RSI is also showing a uptrend with higher highs again
a positive signal.
MACD is also maintaining its strength.
