ANURAS trade ideas
Invest Anuras Rasayan 45% already Reduced. Cheap price BUYPromoter holding 60% that means company is healthy and market capital also good.
already 45% reduced from all time high 1230 .
we may invest and hold upto 60%. 30% expected.
Buy/Entry 1 - 670
Buy/Entry 2 - 620
Sell/Exit 1 - 880
Sell/Exit 2 - 1060
Stock of the day; Anupam RasayanAnupam rasayan seem to be ready for quick upswing, only for education purpose
Double Bottom Breakout - Crossover - ANURAS📊 Script: ANURAS
📊 Sector: Chemicals
📊 Industry: Chemicals
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD and Double Moving Averages are giving crossover .
📈 Right now RSI is around 66.
📈 Script is giving Double Bottom Breakout on daily chart.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 797
🟢 Target 🎯🏆 - 858
⚠️ Stoploss ☠️🚫 - 767
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Anuras : Good Potential for strong bouncebackAnuras :
Breaking out
Great potential to bounce back stronger
Long only above 785, immediate support at 760, deep support at 735
Anupam Rasayan India LtdAnupam Rasayan India Ltd is engaged in manufacturing of specialty chemicals.
Market Cap ₹ 8,254 Cr.
Dividend Yield 0.33 %
Its a Mid-Cap dividend giving stock.
Stock PE 64.2
Industry PE 41.7
Stock PE is more than industry PE, shows a little space for cooling down.
ROCE 9.04 %
ROE 5.01 %
Both less but ok.
Promoter holding 61.3 %
Pledged promoter 9.29 %
Promoter holding is good and less pledged.
Debt ₹ 1,070 Cr.
Reserves ₹ 2,651 Cr.
Debt is less than reserve.
Graham Number ₹ 258
Intrinsic Value ₹ 430
Book Value ₹ 252
Stock CMP is above all three.
Levels are:-
Buy Near 550
stoploss 460
Tgts 750-845-1075-1230
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
Anupam Rasayan near Technical Support, needs strong fundamentalWill be good only if Upgrades on the fundamental side.
Canbe added only for minimum 3 years.
ANUPAMRASAYAN Bullish Harmonic PatternBullish Harmonic Pattern formed on Weekly Time Frame so considering buy on dips and make this as midterm view this is just a view not a reco....
ANYRAS Long (Bottomed out Stock)Date : 31-05-2024
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Bottomed Out Stock (RESEARCH TO OBSERVE)
ANURAS Buy when it reverses from 618
SL 475
Target 749, 880, 1011,1142, 1303, 1434, 1566
Hold few Months after Buying
Please consult your financial advisor before investing
All research for educational purposes only.
ANURAS - Weekly AnalysisIn the Weekly Chart of ANURAS ,
we can see that; after applying FIBO, it as created a Hammer Candle on 0.6 level which acted as reversal point thrice.
Enter on breaking its high with low as SL.
ANURAS Reversal trade set up1. Set up: Potential reversal demand zone
2. Trend Bullish
3. double bottom set up
Anupam Rasayan - Inverse H&S Breakout on Weekly ChartChart patterns are the most loved trading strategy among traders. There are different kind of patterns traded in stock market. One of which is inverse head and shoulder - a trend reversal pattern. Upon formation of this pattern the stock trend get reversed. Generally if the stock is in consolidation phase then this pattern is seen.
Now here I have observed inverse head and shoulder pattern formation in one of the chemical manufacturing company in India named Anupam Rasayan India Ltd. On closely observing the chart, I found that the stock is in downtrend since May 2022 after making a high of 1234 and remain in downtrend till Oct 2023. Now the fresh uptrend in the stock is supported by inverted head and shoulder pattern which signifies that the stock can continue the uptrend in coming months.
The targets for this stock can be found by projecting the depth of head just after the breakout which comes around 1320. Also the stop loss for this trade can be put at the depth of right shoulder which is around 990.
Disclaimer: The stock shared is only for educational purpose and does not hold any buy or sell recommendations.
Buying Oppurtunity in ANUPAM RASAYANas said in my previous post regarding buying oppurtunity in this stock.
Anupam Rasayan signs Rs 507-cr Letter of Intent with Japanese firm. this has a potential of giving decent returns in few days/week.
ANUPAM RASAYAN INDIA in my Buying listThis is a fundamentally and technically good stock has a buying oppurtunity.
i usually invest in such stocks where it hits all time high and then consolidates in a down trend. in such cases stocks perform very well and also there is a plus point if we invest in a stock which is in downtrend we have an oppurtunity
1) oppurtunity to buy at discounted price
2) you have big targets and a long term goal
3) these stocks break their all time high
Rounding BaseEntry active
Redline line = SL
Bluelines (2) = Probabilities
Trail SL after first blueline.
--- --- ---
Following your passion and hobbies is really good for overall wellbeing.
Whether you can turn that into your carrier is a total different thing.
#Trading for a Living.
Anuras can possible give 10% Price BO the important Level
-- a PB required and if holds above 1030,
-- Entry at PB can reach target 1172
ANURAS | Swing Trade📊 Details
Anupam Rasayan India Ltd is engaged in manufacturing of specialty chemicals, which are sold in local as well as exported to other countries.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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Anupam Rasayan Strong upmove1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price)
4. Sell on initial Stop Loss hit or RSI close below 40
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a strong rally from Feb'23 to May'23, NSE:ANURAS started going down. Today it is showing strength after a trendline break a few days back. It's a buy with a stop at ₹920.
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advice from your advisors before jumping in.
ANURASANURAS:- A falling parallel channel pattern has formed, if the price sustains at 1035.95, we may see an upside move.
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.
VIEW ON ANUPAM RASAYANGood chart structure
Can buy above yesterday's high i.e. 1132
Targets 1145/1200
Stop loss 1100
I am just representing my views
For educational purpose only.
Anupam Rasayan India Ltd - Long Setup, Move is ON...#ANURAS trading above Resistance of 1107
Next Resistance is at 1454
Support is at 893
Volume is also on rise as the stock is moving up.
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.
