Zuariagro
Zuari Agro for 60%+ gainsDate: 1 Dec’24
Symbol: ZUARI
Timeframe: Weekly
Zuari Agro Chemicals currently seems to be in Wave (iii) of III of a much larger third wave and is heading towards 400 (60%+ from current price of 240), as seen in the chart. Its ATH price is 690.
The company in its Sept quarter results has posted highest net profit since March 2023. The stock is trading at a low PE of 5.6 while industry average is 18.
This is not a prediction but a possible wave count. This is also not a recommendation to trade or invest. Please do your own analysis. Feel free to send in your views in comments or on X.
HINGLISH VERSION
Zuari Agro Chemicals vartamaan mein bahut badee 3rd Wave ke Wave III (iii) mein hai aur 400 (240 ki vartamaan keemat se 60%+) kee taraf badh raha hai, jaisa ki chart mein dekh sakte hain. Is stock ka all time high (ATH) 690 hai.
Company ne apne Sept quarter results mein March 2023 ke baad se sabse adhik net profit kamaaya hai. Stock 5.6 ke kam PE par trade kar raha hai jabki industry average 18 hai.
Yah koee bhavishyavaanee nahin balki sambhaavit Wave count hai. Yah trade lene ya invest karne ki bhi salaah nahi hai. Kripya apana vishleshan khud karen. Aap apne views comment kar sakte hai yahan ya X (Twitter) pe.
GET YOUR FERTILISER NOW!Om Birla has been successfully elected as the Speaker of Lok Sabha at the convenience of BJP. Session is set to begin. Finance Minister will be ready with her Budget anytime now. And we all know what happens when Budget comes and considering the performance of BJP in UP, Harayana and Rajasthan, farmers will get far more than what we expect, if not the farmers, these fertiliser companies will. Be ready to use these fertilisers to boost your portfolios. Majority of them have already move and showed their potential, they are all re-testing and reversing, waiting for the good news to make the new highs. Not just these 6 here but many others are also there. Keep the whole sector on radar.
ZUARI AGRO CHEMICAL LONG TERM TREND REVERSAL PICK
SCRIP has given trend reversal break out of many year old resistance. might give huge returns.
DISCLAIMER:
The perspective I am providing may possess inherent bias. My family members and me may and may not have financial investment in aforementioned scrip. Consequently, it is within my prerogative to engage in the purchase or sale of said scrip at my discretion, contingent upon prevailing market conditions and the occurrence of specific events.
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Inverse Head and Shoulder in Zuari Agro ChemicalChart -> Zuari Agro Chemical Daily
The stock has given an inverse head and shoulder breakout with a volume pop-up.
CMP: 181
Targets: 194, 215
SL: 166 on a daily closing basis
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.