AWHCL trade ideas
AWHCL : 3 Years Breakout Soon#AWHCL #Breakoutsoon #VCPpattern #Breakoutstocks
AWHCL : 3 Yr Breakout Candidate
Weekly Chart (1-3 Months)
>> VCP Pattern
>> Trending Setup
>> Stock Gaining Strength & Decent Volumes
>> Low Risk High Reward Trade
Swing Traders can lock Profit at 10% & keep trailing for more
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
AWLHCL Stock :-AWLHCH (short term investment stock )
Formed rounded bottom chart pattern in weekely timeframe . Looks good for short term investment.Trading at 528.. Keep sl at 423..target can be
590 / 720 / 820 / 1020 / 1200
Disclaimer :- script disscussed only for education purpose. It is not any recommendation to buy or sell. You will be fully responsible for your profit and losses. If you have any question about my analysis, you can whatsaasp me on 9730763736.
AWHCL - SWING TRADE - 29th November #stocksAWHCL (1W TF)
Swing Trade Analysis given on 29th November, 2023 (Wednesday)
Pattern: RECTANGLE BOX BREAKOUT
- Upper Resistance Breakout - Done ✓
- Neckline Breakout - Done ✓
- Retracement + Consolidation - Done ✓
- Volume Buildup & Spike - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #AWHCL
Daily Bullish Flag BO in Antony Waste ManagmentIntroduction:
The Company is part of the ‘Antony’ group which has diversified business interests, including in the automotive body-building and ancillary industries. The Company is one of the top five players in the Indian Municipal Solid Waste (MSW) management industry with an established track record of 17 years, providing full spectrum of MSW services which includes solid waste collection, transportation, processing and disposal services across the country, primarily catering to Indian municipalities. It is among the select few who have pioneered in MSW collection and transportation sector. It is among the key players in landfill construction and management sector with in-house expertise for landfill construction along with its management. It is also present in the emerging waste management area in India which is MSW based Waste to Energy (WTE)
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:AWHCL . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 480-490 levels with the stoploss of Rs. 457 on Daily closing basis for the following targets 504.15, 514.25, 521.05, 540.15, 559.65, 587.50 and 606.60
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Resistance Breakout - AWHCLPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking for long term.
AWHCL Expanding Horizons: Recent Contracts and Infrastructure💰 Company Overview - Fundamental Factors
🖋️ Operations : Engaged in mechanical power sweeping of roads, waste collection, transportation, waste to energy projects, and integrated waste management facilities in Kanjurmarg, Mumbai.
🖋️ Industry Standing: It is one of the top among the five players in the Indian municipal waste management industry with a 20-year history.
🖋️ Expansion: Expanded operations significantly in FY22 through new contracts in Varanasi, Noida, Jhansi, and the New Delhi Municipal Corporation, covering 9 states in India.
🖋️ Infrastructure: Owns one of Asia's largest single-location waste processing plants, located in Kanjurmarg, Mumbai.
🖋️ Waste to Energy Venture: Venture into Waste to Energy (WTE) sector with the construction approval of the first WTE plant in Pimpri, Maharashtra, expected to be operational by March 2023.
🖋️ Financial Performance: Demonstrated strong financial performance with a 18.4% Compound Annual Growth Rate (CAGR) in profits over the last 5 years.
🖋️ Investor Confidence: Foreign Institutional Investors (FIIs) increased their holdings from 10% to 13.77% in the past year, indicating confidence in the company's potential.
🖋️ Recent Developments:
Significant Order: Secured a substantial order worth 386 crore rupees (News came on October 26, 2023) leading to a notable reaction in the stock chart.This recent development further strengthens the company's position in the market.
📊 Technical Analysis:
🪶 Trading Range: The stock has been trading within the range of 412-420 , a multiyear breakout range. This range was tested once in September 2021 and is now being retested.
🪶 Anticipated Movement: Considering both technical and fundamental factors, an upward movement in the company is anticipated.
🪶 Breakout range-413-23
🙏 Important Note:
Investors are advised to conduct a thorough analysis before making any investment decisions, considering both fundamental and technical aspects of the stock.
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💎 More about the business and growth
The global waste handling industry is experiencing steady growth due to rising urbanization, environmental awareness, and stricter waste disposal regulations. Increasing populations and expanding cities drive the demand for efficient waste management solutions. Technological innovations, including waste-to-energy projects, enhance efficiency and eco-friendliness. In India, government initiatives like the Swachh Bharat Abhiyan boost focus on waste management services. Overall, the waste handling sector is poised for continuous growth, particularly in rapidly urbanizing regions, although specific rates depend on local economic factors, policies, and technological advancements.
ANTONY WASTE seems right for my investing TASTEPE Ratio is 15.4 vs Industry PE ratio of 82.6.
- Annual Revenue rose 32%, in the last year to Rs 876.6 Crores. Its sector's average revenue growth for the last fiscal year was 26%.
- Annual Net Profit rose 0.3% in the last year to Rs 68.1 Crores. Its sector's average net profit growth for the last fiscal year was 49%.
- Quarterly Revenue fell 5.6% YoY to Rs 227.3 Crores. Its sector's average revenue growth YoY for the quarter was -16.5%.
- Quarterly Net profit fell 21.3% YoY to Rs 18.3 Crores. Its sector's average net profit growth YoY for the quarter was -16.7%.
It is one of the top five players in the Indian municipal waste management industry with a track record of 20 years.
Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai.
During FY22, the Co. increased activity from its new contracts in Varanasi, Noida, Jhansi, New Delhi Municipal Corporation, increasing its geographical presence in 9 states in India through ongoing and completed projects. The Co. is the 2nd largest player in India.
Antony waste AWHCL Swing/Positional AWHCL Prediction for Swing/ Posional Trading
First breakout at entry 1 level. Entry 1 level has retested. You can enter into trade above Entry 2 (505) or at CMP according to intraday level . You can buy more at Entry 1 level if there will a bullish signal after retesting the breakout level.
Sls-385,369,357, or according to you RRR.
Targets- 427,449,472,495,518,540,563,587, …….. (more will be updated later if need )
According to your “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer :
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About AWHCL –
Antony Waste Handling Cell Ltd. engages in the provision of solid waste management services. Its services include waste collection and transportation, mechanized and non-mechanized sweeping, waste processing and treatment, and waste to energy. The company was founded by Jose Jacob Kallarakal on January 17, 2001 and is headquartered in Thane, India.
AWHCL looks very BullishWeekend Pick 1: Antony Waste
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Increasing Reserves. FII holding increased significantly !
Technicals : Bullish Trendline after good consolidation.
R 1: 455
R 2: 510
R 3: 580
In case of fall, avg small btw 360-340 SL : 310
AWHCL
We highlighted the stock during April 2023, when it was forming base around its previous lows of 240.
The upside momentum since the base formation is likely to continue since the stock is showing strength by clearing its down-sloping trendline and thus negating the lower top formation.
Volumes continue to remain higher than average.
Price is now likely to test its prior all time highs around 455-490.
Bullish outlook remains valid as long as price is above 340.