MCAP>4000, PE=20 < IND PE=37, ROE=14, ROCE=20,
OPM, PAT, RoE, RoCE for last 5 years DRAMATICALLY SPIKED because of all residential/commercial projects only in Gujarat state
Go through the financial reports in ganeshhousing.com, numbers will speak a lot.
Sky rocketing stock after a long consolidation.
Wait or watch ?!
#GANESHHOUC trading above Resistance of 748
Next Resistance is at 963
Support is at 542
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational...
#GANESHHOUC trading above Resistance of 465
Next Resistance is at 748
Support is at 401
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
GANESHHOUC
1) Time Frame - Weekly and Monthly.
2) Previous life time high was 566 in 2008. After 16 years of consolidation, The Stock has given a breakout with huge volume & strong bullish candle close in weekly.
3) Option 1 - With the strong weekly close in All Time High, Buy at this current level.
Option 2 - Wait for the strong bullish Monthly candle's close...
This is follow-up on Ganesh Housing Corporation. Can also check link to related ideas.
Resistance 1/Target 1 achieved. Resistance 2/Target 2 is ON as it is comfortably trading above resistance line of 295. Has moved more than 21% since breakout at 265.
Here is previous chart.
Chart is self explanatory. Entry, Resistances/Targets and Support/Trailing Stop Loss...
Ganesh housing co. Looking for next 🐂 run in short term as well as positional trading trail SL of swing low .
Before investing counsult your financial advisor
Add near 400-393 zones with tight gap stop as 382 for swing trading. Bit risky wide stop can be at 370-60 for positional trades as per risk capacity.
DISCLAIMER:
There is no guarantee of profits or no exceptions from losses.
The stock and its levels discussed are solely the personal views of my research.
You are advised to rely on your...
Stock has corrected from the high level after the breakout;
Volume also going down
Big shark is getting ready to accumulate another leg
Please follow the chart for Entry, stop loss and target level
ganesh housing looking good on charts- will look for good tight formation for another upside. good results as per the data but lets see how does the interpretation happens with the overall market sentiment.
Clear breakout on Daily and Weekly Chart
410 level was the level of resistance until today, but it has braked today.
Very high volume
Q1 result has declared today.
You can take position
410.00 is the initial STOP LOSS and ride with the trend.
