Century Plyboards (india) Limited Breakout with very high volume in Century Plyboards (india) Limited
VOLUMEBREAKOUT
Healthcare Global Enterprises LtdBreakout with very high volume in Healthcare Global Enterprises Ltd
ONGC volume breakout and all time highongc made trendline breakout with volume from 175-176 levels and intraday made all time high near 189.80
In market "price" is the engine & "volume" is the fuel...
more volume ..more fuel..bigger the movement..
Jasch is keeping the fight aliveWith quarterly sales increasing by 42% and quarterly profit increasing by 68%, BSE:JASCH posted good set of numbers. This share gave breakout on 2nd Feb and was a buy with a stop at or below Rs.150. Within these volatile markets this share is coming back to it's buy zone again and again and trying to move up. It's still a buy with the same stop loss.
Other Fundamentals: -
1. Average ROE for last 5 years above 15%
2. TTM sales growth at 72% and TTM profit growth at 136%
3. Borrowings came down from Rs .23cr to Rs .3cr since Mar'19
4. Debt to equity at 0.04, Interest coverage ratio at 47.9 and ROCE at 24%
5. During FY21, the Co was able to improve the drying speed of PVC coated fabrics in its existing ovens, as a result of which the installed capacity of PVC coated fabrics being manufactured has increased from 78 lakh metres to 94 lakh metres p.a.
6. Some of the major clients of the co include Puma, Red Tape, Bata, Mahindra, Walmart, Calvin Klein etc.
7. The company has recently modified its production lines, which has resulted in development of some new products with significant saving in power and fuel. The company has been concentrating on PU resin and PU Synthetic Leather where the competition is less.
Marina Trench in TCPLPACK could become Mt.Everest !!!!As you can see the huge 'V' pattern in TCPLPACK is giving breakout with rising volumes and MACD crossover.
TCPLPACK could soon see steep rise!!
JAGSNPHARM rising in silence !!!!JAGSONAPAL PHARMA has formed a bullish flag pattern in large time frame, and now is giving its breakout,
with RSI above 60 and MACD histogram turns positive with buzzing volume,
could soon see levels of 250.
Shanthi Gears LimitedCup and handle pattern in Shanthi Gears Limited. Today breakout with high volume
Range Breakout in SRHHYPOLTD !!!!Typical range breakout in SREE RAYALASEEMA H with rising volume and MACD crossover could soon see levels
of 500-565.
Technocraft Industries (India) LtdBreakout in volume on weekly timeframe in Technocraft Industries (India) Ltd
PSP Projects - 4yr Breakout with heavy volumesBUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
(Though this one can be bought half quantity in the morning and the rest after 3pm.)
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
cosmofilmseducational idea - cosmofilms has given the breakout and we expect the stock May go for given target levels to inspire us,Please like the idea If you agree with the analysis.
