WONDERLA
WONDERLA - Long Setup, Move is ON..NSE:WONDERLA
✅ #WONDERLA trading above Resistance of 900
✅ Next Resistance is at 1280
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Wonderla Holidays Ltd - Long Setup, Move is ON...#WONDERLA trading above Resistance of 955
Next Resistance is at 1280
Support is at 630
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Wonderla Holidays Ltd - Long Setup, Move is ON...#WONDERLA trading above Resistance of 773
Next Resistance is at 955
Support is at 519
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Wonderla Holidays Ltd - Long Setup, Move is ON...#WONDERLA trading above Resistance of 630
Next Resistance is at 773
Support is at 429
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
WONDERLA - Long Setup, Move is ON..NSE:WONDERLA
✅ #WONDERLA trading above Resistance of 668
✅ Next Resistance is at 900
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Wonderla Holidays Ltd -Upward parallel channel movement Wonderla is now moving through through an upward parallel channel. Tried to break this channel and also it's 2 years and 1.5 years resistance trend line and bounced back. Technically looking good. 800 levels can be achievable within a short time. Also it may reach to 1000 levels if it breaks the parallel channel
WONDERLA - Long Setup, Move is ON..NSE:WONDERLA
✅ #WONDERLA trading above Resistance of 504
✅ Next Resistance is at 668
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
WONDERLAWONDERLA:- If the stock sustains after giving a breakout of 490 level, then we can show upside movement.
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.
Wonderla can do wonders for portfolioWonderla had a strong supply zone in 445-455 range. Friday, it can gave a strong closing near 450 and today it gave a gapup opening.
The stock has also retested 445 levels today and looks strong for a bullish move.
Do keep in radar and use this idea just for educational purposes. Kindly trade with your own analysis.
Another stock from amusement park sector is Imagica which is also looking bullish. Reason maybe nearing summer vacations which can improve their revenue for Q4.
NSE:Wonderla - I am wondering....where is stock going 🎡
Wonderla Holidays is engaged in the business of Amusement Parks and Resort.
KEY POINTS
IPO and promoter group
Wonderla came up with their IPO in April 2014 to raise 181 cr. which went into funding their upcoming amusement park in Hyderabad, that was operationalized in 2016 . The company was setup by Kochouseph Chittilappilly in 2000, the same promoter group also founded V-guard brand of stabilisers and runs V-Guard Industries/
Amusement Parks
Wonderla currently has three operational parks, one each in Kochi, Bengaluru and Hyderabad established in 2000, 2005 and 2016 respectively. The Bengaluru park also has a resort with 4 banquet halls and 84 rooms
Average revenues over the last 5 years (FY15 to FY20) have been ~79 cr. in the Kochi park and ~116 cr. in the Bangalore park. As Hyderabad park was operationalized only in FY17, revenues have grown from ~57 cr. in FY17 to ~74 cr. in FY20.
Upcoming Parks and expansions
A fourth park is being setup in Chennai at a cost of over 300 cr. The company is currently under discussion with the Chennai state government to resolve certain tax issues, after which construction activities will resume. The park has received exemption on entertainment tax for 5 years from the date of commencement of commercial operations or 01-10-2021 (whichever is earlier).
Wonderla is also in discussion with the Odisha state government to setup a park in Bhubaneswar on an asset-light model, where land will be taken on lease and the total cost for setting up the park will be ~100 cr.
Wonderla also plans to build a resort in Hyderabad similar to the one in Bangalore
Revaluation of reserves
Land was revalued in FY17 which caused equity reserves to go up from ~346 cr. in FY16 to ~684 cr. in FY17.
Miscellaneous
- Wonderla manufactures and maintains their rides in-house lowering cost of construction compared to if they were imported
- Wonderla spends 8-10% of their revenues in advertisement and sales promotions
- Wonderla's business is seasonal in nature with higher footfalls in June and December quarters corresponding to summer break and festive season respectively.
WONDERLA - Long Setup, Move is ON..NSE:WONDERLA
#WONDERLA gave an entry at 286.5 when it gave a breakout (Triangle Pattern Breakout, as per Chart given below)
Has moved from 286.5 to 412 levels
It is now trading above Resistance 2 of 412
Next Resistance3 is at 504
Here is previous chart:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
WONDERLA - Ichimoku Bullish Breakout Stock Name - Wonderla Holidays Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 385
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
IS WONDERLA READY FOR BIGMOVE??Wonderla Holidays Limited, is the No.1 amusement park operator in India. Wonderla currently owns and operates three amusement parks – one each in Kochi, Bangalore and Hyderabad respectively and a resort in Bangalore.
Summer is coming expecting demand will be more next two quaterly results can be outstanding.
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Long WONDERLANSE:WONDERLA
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Weekend pick: WonderlaChart -> Wonderla Weekly
Wonderla has given a weekly breakout with a good volume.
CMP: 280
Targets: 320, 415
SL: 230
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.