VOLUMEBREAKOUT
ASAHINDIA - VOLUME BREAKOUT + MACD CROSSOVER + SMA CROSSOVER 📊 Script: ASAHIINDIA (ASAHI INDIA GLASS LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY AUTO / NIFY 500 / NIFTY SMALLCAP
📊 Sector: Automobile and Auto Components
📊 Industry: Auto Components
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 MACD is giving crossover.
📈 Crossover in Double Moving Averages.
📈 todays volume is much greater then previous trading session volume which indicates volume breakout.
📈 Current RSI is around 65.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 624
🟢 Target 🎯🏆 - 676
⚠️ Stoploss ☠️🚫 - 604
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Gati - Buy at CMPStop loss - Closing below 150
Target mentioned on chart
Huge volume seen in the chart.
Target 2 - 194/- easily achievable.
Note - This is not a recommendation, it is just a study. Trade at your own risk.
Apollo Tyres Breakout 1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since October 2021, NSE:APOLLOTYRE has given a breakout today. Buy with a stop just below ₹230.
Strengths: -
1. Quarter sales growth at 29.61% and quarter profit growth at 48.37%
2. Dividend yield at 1.21% (consistent dividend payer since 2011)
3. Debt to equity at 0.59 (less than 1 is good) and Interest coverage is at 3.03 (greater than 3 is good)
4. CRISIL Ratings has assigned its 'CRISIL AA+/Stable’ rating to the Rs.500 crore non-convertible debentures of Apollo Tyres Limited (Apollo) while reaffirming its ‘CRISIL AA+/Stable/CRISIL A1+’ ratings on the bank facilities and outstanding debt instruments on 5th August 2022 (please go through the credit rating report for better understanding)
5. DIIs increasing stake since March 2021
6. ADX > 30 on daily chart
Weaknesses: -
1. Pledged percentage 3.05
2. Promoter holding is at 37.34% (Promoter holding has decreased over last 3 years)
3. The company has delivered a poor sales growth of 9.71% over the past five years.
4. Company has a low return on equity of 5.70% for the last 3 years
5. Current ratio at 0.99 (greater than 1.5 is good)
6. FII stake decreasing since March 2021
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 advices from your advisors before jumping in.
Haldyn Glass Breakout 1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since January 2018, BSE:HALDYNGL has given a breakout today. Buy with a stop just below ₹50.
Strengths: -
1. June 2022 Sales growth is at 71% and Profit growth is at 100%
2. Debt to equity at 0.07 (less than 1 is good), Interest Coverage at 26.8 (greater than 3 is good), Current Ratio at 3.12 (greater than 1.5 is good), FCF to CFO at 56.5%
3. Dividend yield at 0.98% (consistent dividend payer since 2011)
4. Credit rating agency has reaffirmed the ratings of the company on (please go through the credit rating report for better understanding)
5. Promoter stake increasing since March 2021
6. ADX > 30 on daily chart
Weaknesses: -
1. The company has delivered a poor sales growth of 4.38% over the past five years
2. The company has a low return on equity of 6.77% for last 3 years
3. Earnings include an other income of Rs.6.12 Cr
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 advices from your advisors before jumping in.
Kirloskar Pneumatic Breakout1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since January 2022, BSE:KIRLPNU has given a breakout today. Buy with a stop just below ₹490.
Strengths: -
1. June 2022 Quarterly Sales growth is at 61% and TTM Profit growth is at 130%
2. Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 90.4 (greater than 3 is good), Current Ratio at 1.63 (greater than 1.5 is good)
3. Dividend yield at 0.79% (consistent dividend payer since 2011)
4. Credit rating agency has reaffirmed the ratings of the company on February 2022 (please go through the credit rating report for better understanding)
Weaknesses: -
1. Stock is trading at 5.06 times its book value
2. Company has a low return on equity of 11.9% for last 3 years
3. 10 year and 5 year average ROE less than 15%
4. High Debtor days
5. Promoter Stake decreasing since March 2021
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 advices from your advisors before jumping in.
Star Paper Mills Breakout1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since November 2018, NSE:STARPAPER has given a breakout today. Buy with a stop just below ₹175.
Strengths: -
1. March 2022 Sales growth is at 42% and Profit growth is at 112%
2. Debt to equity at 0.00 (less than 1 is good), Interest Coverage at 95 (greater than 3 is good), Current Ratio at 4.27 (greater than 1.5 is good), FCF to CFO at 82.4%
4. Dividend yield at 1.22% (consistent dividend payer since March 2017)
5. FII increased stake from 0.13 in March 2022 to 1.70 in June 2022
6. ADX > 30 on daily chart
7. Stock is trading at 0.59 times its book value
Weaknesses: -
1. The company has delivered a poor sales growth of 0.39% over the past five years
2. Company has a low return on equity of 6.02% for last 3 years
3. Promoters have pledged 47.5% of their holding
4. Earnings include an other income of Rs.18 Cr
5. Promoter shareholding is at 45.17%
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.
Aegis Logistics Breakout 1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since August 2021, NSE:AEGISCHEM has given a breakout today. Buy with a stop just below ₹260.
Strengths: -
1. March 2021 Sales growth is at 20% and Profit growth is at 60%
2. 10 year average ROE at 15%
3. Debt to equity at 0.38 (less than 1 is good), Interest Coverage at 22.7 (greater than 3 is good), FCF to CFO at 50.1%
4. Company has been maintaining a healthy dividend payout of 38.0% (consistent dividend payer since 2011)
5. Credit rating agency has reaffirmed the ratings of the company on (please go through the credit rating report for better understanding)
6. ADX > 30 on daily chart
Weaknesses: -
1. Stock is trading at 4.65 times of its book value
2. The company has delivered a poor sales growth of 3.34% over past five years
3. Company has a low return on equity of 12.7% for last 3 years
4. Debtor days have increased from 30.1 to 58.2 days
5. Borrowings are increasing since March 2019
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 advices from your advisors before jumping in.
20 MICRONS breakout1. 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 RSI close below 30 (or use any other method of your liking)
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
After a consolidation since January 2022, NSE:20MICRONS has given a breakout today. Buy with a stop just below ₹96.50.
Strengths: -
1. TTM Sales growth is at 27% and TTM Profit growth is at 50%
2. Debt to equity at 0.49 (less than 1 is good), Interest Coverage at 3.83 (greater than 3 is good) and FCF to CFO at 60%
3. Credit rating agency has reaffirmed the ratings of the company on 4th May (please go through the credit rating report for better understanding)
4. ADX > 30 on daily chart
Weaknesses: -
1. The company has delivered a poor sales growth of 9.35% over the past five years
2. Company has a low return on equity of 13.36% for last 3 years
3. Though the company is reporting repeated profits, it is not paying out dividends consistently
4. 5 Year Sales growth is only at 9.35% and 5 year Profit growth is only at 16.55%
5. FII stake decreased from 1.07% in March 2022 to .70% in June 2022
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 advices from your advisors before jumping in.
HAVE A CUP WITH SPECIALITY !!!!Speciality Restaurants have finally given the most awaited breakout above 182.
This Cup and Handle pattern was under construction since 2015 and
finally, after 7yrs it has given the breakout from the pattern.
Also, the breakout is supported with volume & RSI , RSI is taking support at 60.
NOTE: - This breakout is seen in long-term charts, hence should be considered
on a positional basis.
Target achieved in Hscl | 10% Mover This idea is a follow-up to HSCL
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.