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
AMIORG trade ideas
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.
Simple breakout trade set up1. Breakout with consolidation
2. 1:5 RR trade set up
3. Aggressive traders can keep a tight SL
4. Best part is price is in range of listing candle (Good base developed for upside move
Watchout for 1.5 year range breakoutThe stock has been moving in a range for 1.5 years.
Buy above 1200 levels (carry on day closing basis) - do check for weekly closing as well.
Positional targets will be 1330 and 1415. Use sl 1145.
Learn & Earn,
Dr. Tanya Kumar
AMIORG / Looking good for LongNSE:AMIORG
Good at current price
Break out happens ... If sustained will see a Blasting movement
AMI ORGANICS BULL FLAG BREAKOUTAmi Organics on Daily chart MIGHT breakout, It is forming a decent little bull flag, and taking support on the middle band of bollinger bands.
Stop loss at 1000, Target 1 at 1150-60. If it sustains above Target 1, Hold till the ATH. OR use 20 EMA for trailing.
AMIORGAMIORG seems like getting kinda interest and it got a exciting pattern but not sure whether will it work or not but if i got any indication then i will update
Descending triangle breakout in Ami OrganicChart -> Ami Organic Weekly
Descending triangle breakout in the weekly time frame.
CMP: 1056
Good Range: 1000 to 1040
Target: 1160, 1420
SL: 977 Weekly close
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.
Ami Organics LtdThe stock is trading at 936 levels, we can buy this stock above the 945 level with sl of 925. Short term target is 970
On Major Support Amiorg bounce very much possible (Gain 5 to 8%)Only buy triggered above 900 closing candle . as per risk capacity you can hold the trade . but very much possible minimum 5% stock surge.
AMI ORGANICS LTDshare name : ami organics ltd
call type : poistional or investmnet
- share is forming a ascending triangle pattern
- good consolidation can be seen betweem level
of 858 and 1159 (huge resistance)
- we can accumulate this share at this level 858
and 1159(range)with sl of 800
- approchable targets 1159, 1350, 1434 ++
thanks
AmiOrg breakout Ami organics AmiOrg has broken its year old downtrendline
volumes increasing
Looks like 1150 is coming soon
Stay tuned!
Can be also bought at the retest of around 965
