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Easy 20% return with Piccadily Agro IndustriesBSE:PICCADIL looks perfectly poised to give a solid 20% return to investors with a short term horizon. Technicals: When we see the candlestick chart on a daily basis, it is trading at 750 which lies in between its nearest support at 700 and nearest resistance of 780. The MACD indicator points in the direction of an uprise with a healthy positive value. Fundamentals: BSE:PICCADIL is a very fundamentally strong stock. It has high ROCE and ROE of 29.6% and 30.6% respectively. BSE:PICCADIL QoQ sales have increased by 62% and QoQ profits have increased by 121%. This shows it has got healthy growth going forward. Also its revenue mix is starting to be dominated by the distillery segment over its sugar segment. This showcases BSE:PICCADIL has diversified in the right direction, in turn unlocking more value for its shareholders. Trade Setup: Buy BSE:PICCADIL when it hits 780, place a stop loss at 720 and a sell order at 960.
BSE:PICCADILLong
by Aryan_Devaiah
IREDA - Ready To Bounce From Support🔊 IREDA - Ready To Bounce From Support IREDA - INDIAN RENEWABLE ENREGY ⌛Duration - Short Term (3 month to 5 month) 📊📈 Trade Logic - Bouncing from Long Term Support Area CMP - ₹232.37 Time Frame - Weekly 🎯Target 1 : ₹260 🎯Target 2 : ₹280 🎯Target 3 : ₹300 🛑 Stop : ₹210/₹220 🏆 Risk/Reward Ratio (1: 2.5) Disclaimer: The stock information shared here is not a recommendation to buy, sell, or hold. It reflects my own analysis and is intended solely for educational purposes. Any actions you take based on this information are your responsibility, and the admin of this channel is not liable for any financial gains or losses. Please consult a financial advisor before making any investment decisions. I am not a SEBI-registered advisor.
NSE:IREDALong
by Profit_Trader25
Short term trading opportunity in Rane(Madras) for > 25% upsideHi, NSE:RML has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:RMLLong
by raigvivek
JUBLPHARMA JUBLPHARMA The recent monthly candle is a strong bullish candle, showing a significant upward move. This adds confidence to the breakout. The stock has recently broken above a strong horizontal resistance level (around ₹900-₹915), which was tested multiple times in the past. This breakout is a bullish signal. A dotted trendline on the chart indicates a bullish trend. The breakout above the resistance is accompanied by this upward trendline, further confirming the bullish momentum volume:- There seems to be an increase in trading volume during the breakout, which is a positive sign. It indicates that the breakout is supported by strong buying interest. Earnings Growth: Analyze the company’s earnings growth over the past few years. Consistent earnings growth can support long-term price appreciation. Evaluate the company’s debt-to-equity ratio. Lower debt levels or effective debt management strategies are favorable for long-term investments.Assess the pharmaceutical sector’s outlook. If the sector is expected to grow due to favorable market conditions or innovations, it could be a good sign for long-term investors. Compare the stock’s current valuation metrics (like P/E ratio, P/B ratio) with its historical averages and industry peers. If the stock is undervalued, it may offer a good entry point. Long-Term Investing: If the fundamentals align with your investment criteria, the stock may offer a good long-term opportunity, particularly if the company continues to grow and the sector remains favorable. for MORE check in my Tv-id " in.tradingview.com " If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. 🚀 "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏🙏 signal by our scanner dt:-19/08/2024
NSE:JUBLPHARMALong
by asAMOLSUTAR
Symmetrical Triangle Pattern Breakout seen in Rossari BiotechHello Everyone, i have brought a stock which has given breakout of symmetrical triangle pattern and price is sustaining above the breakout price, stock name is Rossari Biotech Ltd, and it was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India. Their 3 main product categories are:- - Home, personal care, and performance chemicals - Textile specialty chemical - Animal health and nutrition The company has two R&D facilities , one at Silvassa manufacturing facility and a research lab at IIT Bombay. We know chemical sector is not performing well from long back, but prices are suggesting in many chemical stocks that, we can see rally very soon. Well best time to enter in any sector or stock is only when there is fear in sector or market. So this can be right time to enter and accumulate as much as possible in down levels, we might never gonna to see these prices again. Stock is trading almost 50% discount from all time all time highs. If someone is thinking to take and hold for long term, then i think right choice dude. Company Overview Rossari Biotech is a Specialty-Chemicals manufacturer offering solutions for Home, Personal Care and Performance chemicals (HPPC), Textile specialty chemicals (TSC) and Animal Health and Nutrition (AHN). It offers a total of 4220+ products catering to an array of applications across FMCG, Home care, Industrial Cleaning, Personal Care, Textile, Performance Chemicals, Animal Health and Nutrition and Pet Care businesses. Market Cap ₹ 4,467 Cr. Current Price ₹ 809 High / Low ₹ 904 / 657 Stock P/E 34.2 Book Value ₹ 190 Dividend Yield 0.07 % ROCE 18.3 % ROE 13.3 % Face Value ₹ 2.00 Industry PE 38.6 Debt ₹ 119 Cr. EPS ₹ 23.7 Promoter holding 68.3 % Intrinsic Value ₹ 590 Pledged percentage 0.00 % EVEBITDA 17.7 Change in Prom Hold -0.01 % Profit Var 5Yrs 23.3 % Sales growth 5Years 28.8 % Return over 5years % Debt to equity 0.11 Net profit ₹ 131 Cr. ROE 5Yr 16.0 % Profit growth 22.1 % 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:ROSSARILong
by TraderRahulPal
Short Term Trading Opportunity in Jupitar WagonHi, NSE:JWL has given a Bullish Flag Breakout on Daily charts with very good volume. MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose. Don't Forget to Follow me to get all the updates. Please share your feedback or any queries on the study. Disclaimer: Please consult your financial advisor before making any investment decision.
NSE:JWLLong
by raigvivek
LALPATHLAB [Head and Shoulders Pattern]A trendline has been drawn showing the expected bullish trend (green solid line), with an alternate path shown (blue dotted line) indicating potential short-term fluctuations before reaching the target. 1)Head and Shoulders Pattern: Left Shoulder: Formed around June 2022. Head: Formed around October 2022. Right Shoulder: Formed around February 2024. Neckline: The horizontal resistance line around the 2,800 level, which is crucial for confirming the pattern. The stock has recently broken above the neckline (around 2,800), indicating a potential bullish reversal. The target price is calculated by measuring the distance from the head to the neckline and projecting it upward from the breakout point. The approximate target price, considering the height from the head (1,800) to the neckline (2,800), would be 2,800 + 1,000 = 3,800. for MORE check in my TradingView ID If You LIKE👌👌 MY Idea ..Boost.its please🔥🔥🔥. "Disclosure : I am not Sebi-registered ." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our charts / calls, please consult your financial advisors. Thanks
NSE:LALPATHLABLong
by asAMOLSUTAR
Bull Flag Pattern Breakout and Retest seen in Dixon TechnologiesHello Traders, i have brought another analysis on a pattern breakout which called (Bull Flag Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this type of Bull flag pattern next time, So at least you guy's will be able to trade. So Let's start. Q:- What is Flag Pattern and How to Use this Flag Patterns when you see Breakouts in it? Rahul Replies: - A bull flag is a continuation pattern that occurs as a brief pause in the trend following a strong price move higher. The bull flag chart pattern looks like a downward sloping channel/rectangle denoted by two parallel trendlines against the preceding trend. During this period of consolidation, volume should dry up through its formation and resolve to push higher on the breakout. The actual price formation of the bull flag resembles that of a flag on a pole hence its namesake. These three elements are integral for the bullish flag to occur:- The flagpole:- The asset’s price must trade higher in a series of the higher highs and higher lows. Flag:- A consolidation must take place between two parallel trend lines; A breakout:- The consolidation can’t take forever. A breakout to the upside activates the pattern, while a break of the supporting line invalidates the formation. Guy's now i will tell how to use this Bull Flag Pattern if you see breakouts in it? Buy when prices breakout above the consolidation pattern on high volume. Place stop loss order below bottom of consolidation pattern or if you have short term view on particular stock which has given successfully breakout then you place below of breakout candle and ride the trade. Guy's according to the study we have two types of Profits targets 1st one is, if you have short term view then you should go at least length of flag pattern and 2nd one is if you have long term view kind of investment purpose then you should go length of Flag Pole. The main thing to look for in this pattern is volume. Volume confirms major moves and the likely hood that a breakout will be successful. In Dixon Technologies we have seen huge volume, which says this is a genuine breakout. So guy's this was the process of Bull Flag Pattern. So if you spot this bull flag pattern in any stock or index you can go longer according to the setup i have told you. In our chart we have got double breakout, 1st breakout of flag pattern and 2nd we have seen for resistance zone which i have marked on chart. I hope you guy's have understand now, how to trade bull flag pattern after breakout. So now let's focus about company background. Dixon Technologies (India) Limited is the largest* home grown design-focused and solutions company engaged in manufacturing products in the consumer durables, lighting and mobile phones/smart phones markets in India. Market Cap ₹ 28,218 Cr. Current Price ₹ 4,738 High / Low ₹ 4,968 / 2,553 Stock P/E 102 Book Value ₹ 216 Dividend Yield 0.04 % ROCE 25.8 % ROE 22.4 % Face Value ₹ 2.00 Debt ₹ 200 Cr. EPS ₹ 46.8 PEG Ratio 3.08 Promoter holding 34.0 % Intrinsic Value ₹ 1,549 Pledged percentage 1.13 % EVEBITDA 50.6 PROS Company has reduced debt. Company has delivered good profit growth of 33.2% CAGR over last 5 years Company's median sales growth is 15.7% of last 10 years CONS Stock is trading at 22.0 times its book value Important levels for DIXON TECHNOLOGIES:- Buy in between 4750-4679 Range. Targets we can see 5697/6493+ (Long term Targets will be 9704+) Keep Stop loss at 4023 (Long term Stop loss will be 2450) Price is above 200 EMA We have seen Proper Breakout of Bull Flag Pattern in weekly timeframe. with Good Volume Price is sustaining above breakout and above resistance levels and it has given pull back to retest the levels MACD and RSI has given bullish crossover (I have not placed RSI here as i want chart neat and clean but i have analysed already) 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:DIXONLong
by TraderRahulPal
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