Excel Inds Cmp 1201 dated 19-7-2022Excel Inds Cmp 1201 dated 19-7-2022
1. Triangle Pattern on chart.
Buy for a tgt of 1225-1270-1310-1370-1460
SL 1100
It is just a view, pls trade at your own risk.
EXCELINDUS trade ideas
excel industries - descending trianglestock moving under descending triangle ,breaking upper trendline can achieve previous swing high as target
EXCEL INDUSTRIES LONG IDEA#EXCEL INDUSTRIES is in going towards channel upper line.
Monthly --> bullish
Weekly --> bullish if closes above 1250 this week
High probability Trade for Long term
Long term Weakness comes below 785 weekly close
Technical chart is good
Look for fundamnetals - EPS to Price ratio, compare PE with peers, QoQ & YoY results & take ur decision
Its not Investment advice. Only for educational purpose.
My Diwali pick: (1)I find this personally undervalued stock. and any price movement above the symmetrical triangle will be interesting. But before putting any new money in the market, the strength of the Nifty should be ensured first.
if the market keeps on getting corrected, then it will be wise to sit out of the market & review once the market resumes its rally.
The time period for this play is at least 1 year, with a great upside is at least 50-80%.
Disclosure: Invested. Buy with your own conviction/study.
** Happy Diwali, Hope we will continue to make immense wealth going forward** :)
Excel ind head and shoulder identifiedBuy Excel Industries
Closing Price 885.65
Strict SL - 730 (WCB)
Target - 1700+++
#EXCELINDUS - Potential Breakout idea#EXCELINDUS - Potential Breakout idea
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
Massive breakout in Excel Industries !!!!Huge cup and handle pattern breakout in Excel Industries with rising MACD
histogram and RSI, also it has crossed previous congestion zone with massive volume
in such a bearish market with indicates its huge buying interest.
Accumulate near breakout zone, don't hurry because market is highly volatile, I am estimating that it can soon see
levels of 1700-1800.
Excel industriesExcel industries looking very bullish, risky can buy for targets above 1600, I would wait for a little correction best if it closes the gap and start its journey upward.
Excel Industries Breakout 1. 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/(Buy Price-Initial Stop Loss Price)
4. Sell on initial stop loss hit or close below supertrend (for short term traders) or close below 200 day EMA (for long term investors)
After posting quarter sales growth of 64%, quarter profit growth of 198%, TTM sales growth of 47% and TTM profit growth of 114%, NSE:EXCELINDUS gave a big volume breakout (after a long consolidation since Mar'19) yesterday but couldn't close above previous resistance and near day high. Today it has made another attempt but there is selling at the top. Still, it's a good breakout. Keep an eye on this stock and if you think markets will continue to move up, buy with a stop below Rs.1183.
Other Fundamentals: -
1. 5 year CAGR sales growth of 11% and CAGR profit growth of 21%
2. Debt to equity 0.01, Interest coverage 97.4 and FCF to CFO 40%
3. Dividend Yield of 0.83% (consistent dividend payer since 2010)
4. Continuous capacity expansion since 2011
5. Cash conversion Cycle improved from 99 in Mar'15 to 29 in Mar'21
Excel Industries Buy ShortTermBuying Excel Indus for Short-term
Company had posted great jump in quarterly results.
Cmp 967
Target 1125, 1365+
SL 835
#EXCELINDUSGood days ahead
Retests the full TinyIC
Breakout Confirmation
Shunted further
Till 945 / 951 / 1024
#EXCELINDUSGood days ahead
Retests the full TinyIC
Breakout Confirmation
Shunted further
Till 945 / 951 / 1024
No-Overlap
Excel Industries: Double bottom BO, retest and continuationThe excel Industries with a good fundamentals have formed a double bottom pattern at support and retested the support zone.
The stock can continue its upmove from 966 level and reachout to new high.
DISC: For educational purposes only.
Excel IndustriesBullish cup & handle structure, looking good for entry at current levels, with 825 SL
Swing tradeW pattern breakout... Good close above resistance level... Go long upto 5 to 7% with a stop loss of 2.5 % on daily basis candle close....
Note :- Education purpose only... Not a call
Excel Inds Cmp 987 dated 7-2-2022Excel Inds Cmp 987 dated 7-2-2022
1. Rectangle Pattern BO @ 995
2. High Volumes
Buy for a tgt of 1040-1060-1130-1190 SL 950
It is just a view, pls trade at your own risk.
Trendline Breakout for more than 5%DON'T HAVE TIME TO MANAGE YOUR TRADES? | Trendline Breakout in EXCELINDUS
- Take BTST trades at 3:25 pm everyday
- Book profits within first 30 minutes of the market opening
- Try to exit taking 3-5% profit of each trade
- SL can be taken when 5/15 min candle close below 44EMA
Now why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Buy Today, Sell Tomorrow: EXCELINDUS for more than 5%
EXCEL INDUSTRIES LONGEXCEL INDUSTRIES LONG
After Consolidation move.
Can look at Fibonacci levels for medium targets.
Target - 967 - 1140 - 1248 - 1340
EXCELINDUS - SWING & POSITIONAL TRADE OPPORTUNITY 1) Subsequent to inverted head & shoulder breakout in weekly time frame the stock retested the NECK LINE resistance and bouncing back
2) The positive factor is that the stock consolidated in a narrow range in daily time frame and given a breakout above trend line
3) Weekly charts indicates positional trading opportunity. However the stock may be consolidated at 1250 level before further upward move. Alternatively we could book partial profit at 1250 level .
4) Refer chart for levels
low risk setup-Excel industriesPrice is at multiple support of 50EMA, Horizontal and Trend line. One can accumulate for long term with stop loss below trend line closing. Study the Chart before making investment.
