AMI organics LONGafter a meaning full consolidation, the stock is showing strength and is getting ready for a up move.
AMIORG trade ideas
Long AMI Improving Fundamentals
tailwinds in health sector
breaking out of 5 weeks of consolidation
cmp 1260
sl 1190
target 1500
AMI ORGANICSReason To Buy : Fundamentals are good and expect a sector shift in chemical, Fii Holding increase QoQ
Note : Aggressive Buy
Allocation : 3.33%
AMI OrganicsAfter consolidation stock is ready to move. The stock was moving in ABC for long. Tomorrow it is also having a fund raising deal, It is clear breakout
Awaiting breakout Ami organics Awaiting symmetrical breakout in AMI organics above 1180 for targets of above 1400 and sustaining above likely to open levels for 1800
AMI Organics Ltd ( 25% upside potential )
HTF structure shows bullish strength in this script..
daily chart shows HH & HL pattern with RSI divergence....
accumulate in a gradual manner.....
AMI ORG daily BO + weekly pattern formation Ami has given a Breakout on a Daily basis
on a weekly tf is can form cup and handle pattern. if it gives breakout for that pattern then we can see more upside potential.
on a monthly tf we can see the stock is under the ipo launch high and also didn't gave a breakout from the mother candle formed on the monthly tf.
Consolidating from 4 monthsAmi Organics -
Price is consolidating from 4 months.
Respecting 1075.
Long SL at 1050 - 1040.
Can accumulate till 1075 for a initial target of 1240 and more.
-ves:
Chemical sector is not a favorable sector now. So, this trade is a positional with a view of at least 6 months - 1 year.
Reasons to trade:
1. All other sectors rallied so much, profit booking should happen. Mutual funds cannot keep idle money , they have to invest into other sectors like Specialty, Agro Chemicals.
2. Long consolidating may suggest accumulation from big investors.
3. Sector rotation happening very fast these days, this may reduce our wait time of positional trade.
AMIORG Basing in Progresssecond highest ever volume.
converging moving averages.
pocket pivot volumes.
Negatives:
Trading below all MA.
Not from trending sector. i.e sector headwinds.
No relative strength to index.
AMIORG (at good support level)1.at good support level
2. fibo .61 support
3. stock move down but volume dry (accumulation zone)
WEEKLY cup and handle pattern formed may it run NSE:COFORGE weekly cup and handle pattern formed may it run long it is for only educational purpose only
AMI ORGANICS - Good EntryAmi Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals. The company manufactures different types of Advanced Pharmaceutical Intermediates and Active Pharmaceutical Ingredients (API) for New Chemical Entities, and materials for agrochemicals and fine chemicals.
With a legacy of 14 years, the Company has developed and commercialized over 450 pharma intermediates across 17 key therapeutic areas since inception and NCE, which are being supplied to over 450 customers in India and 50 countries overseas.
Company has delivered good profit growth of 35.3% CAGR over last 5 years
Weekly view - Amiorg - Oct 23, 2023Expect potential movements in the Amiorg chart in the upcoming weeks, as it has tested breakout levels twice with lower trading volumes and has been holding above these levels for three weeks. Once it closes above 1360, it may experience a swift upward movement.
📈 Exciting Bullish Pattern Alert! 🐂📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Symmetric Triangle
📌 Symbol/Asset: AMIORG
🔍 Description: Stock is in a Symmetric Pattern formation. and prices are going up on a Rising Channel
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
AMI ORGANICSmothly rsi above 55
ROCE-20.4 %
ROE-14.9 %
Debt to equity-0.01
Sales growth-16.7 %
Profit growth-16.5 %
Be Simple Buy Simple.
if you like my idea pls follow share and boost it.
baap_of_breakout analysis of multibagger stocksthis analysis is behalf of previous suggested stocks how they performs last week
C&H pattern in this pharma stockAmi organics has formed a cup and handle pattern and is currently trading near its neckline.
Breakout from this pattern can bring good upside in this stock.
Minimum target can be 1420 above which stock can reach levels of 1700.
Trade is risky since stock is near ATH.
IDEA IS SHARED ONLY FOR EDUCATIONAL PURPOSES
trend line breakout stock given trend line breakout
triangle pattern formation
fundamentally healthy company
TRENDLINE BREAKOUT Just going to give breakout. Purple lines are Targets. It is only for Paper trading and Educational purpose. We are not SEBI registered.
AMI ORGANICS LTDMarket Cap- 3,613 Cr.
Promoter holding 39.4 %
Stock P/E 48.4
Industry PE 24.9
ROCE 23.7 %
ROE 20.9 %
OPM 19 %
EBIDT growth 3Years 36.5 %
EPS 20.5 vs 19.8 vs 17.1
FII's (Sept 2022 vs June 2022 vs March 2022)
5.76 vs 1.84 vs 2.23
Company is almost debt free.
Company has delivered good profit growth of 43 % CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%
Ami Organics Limited is one of the leading research and development-driven manufacturers of specialty chemicals which are primarily chemical components used in fine and agro chemicals. Their key products under the API segment have captured 50-90% of the global market share
With a legacy of 14 years, the Company has developed and commercialized over 450 pharma intermediates across 17 key therapeutic areas since inception and NCE, which are being supplied to over 450 customers in India and 50 countries overseas.
They also have the capacity to manufacture advanced pharmaceutical intermediates and other specialty chemicals on a make-to-order basis. Its R&D team works closely with customers and provides them with cost-efficient and innovative solutions
Some of the regions where Ami Organics has customers are the USA, China, Israel, Japan, Latin America.
The Co.’s client list includes major companies like Laurus Labs Limited, Cadila Healthcare Limited and Cipla Limited, Fabbrica Italiana Sintetici S.p.A, Chori Co. Ltd., Medichem S.A., and many more.
AMI ORGANICS
Prices had been consolidating between 850 and 1150 since October 2022.
This week, prices have cleared the upper end of the trading range decisively.
Weekly RSI has also cleared its previous peak level, suggesting strength.
Prices are expected to initially test its prior all time high of 1434.
Since there is not enough history, riding the trend is important.
Bullish outlook remains valid as long as price sustains 1130.
