KRBL - Descending Triangel breakoutKRBL has shown a breakout from the Descending Triangle Pattern. But the follow up candle closed in Red. Keep this stock in radar and look for a upward movement.
KRBL trade ideas
Turning Bullish: KRBLKRBL has support around 273 levels.
In the last month, it has touched the 273 level multiple times.
It has regained strongly from the 273 level in the last couple of sessions.
The volume spurt is also strong.
Currently, KRBL is trading near the 20EMA level of 280.
On the weekly closing, if it sustains the 20EMA and crosses above 50EMA, we can confirm the reversal (bullish trend).
Short-term Resistance levels: 292, 305, 312, 327
Positive News related to Stock: KRBLKRBL has been trading in a box pattern for the past eight months since Mar 2024.
It has been trading between 273 and 312 levels.
The important resistance levels are 312, 327, 344, 379.
In the recent weeks it has not been able to break the 327 levels.
New: GOI on Oct 22 has announced the reduction of export tax on parboiled rice to zero from the current 10 percent. This move is expected to impact the stock price positively.
Support levels: 273, 254
Scanner Scan - Adani Ports, KRBLAdani Ports and KRBL have come up on my scanner, waiting for a breakout to go all in. Actually I start small as long as my SL is not hit.
KRBL: Rising Momentum Amid Price ConsolidationTechnical Analysis of KRBL:
KRBL is currently showcasing significant increase in trading volume, accompanied by a rise in weekly momentum. The price remains constricted within the range of 270 and 330, indicating a phase of consolidation. The stock is likely to experience minor fluctuations before making a potential upward move. Key resistance points, R1, R2, and R3, have been identified and will play a crucial role in determining the stock's future direction.
Potential Risk:
The primary risk to the stock's upward trajectory is the possibility of a broader market correction, particularly influenced by uncertainty in the Index.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
KRBL weekly chartFII and MF are buying KRBL. Valuations are good. 260 is very strong support. Risk to reward ratio is very favorable. Buy for long term target of 400 plus. Indian government to lift rice export restrictions. KRBL is the biggest rice exporter. Next quater numbers will be very good. There will be increase in EPS, ROE. ROCE. Their profits and margins will improve.
KRBL - Showing weakness - At a make or break area!!Price analysis & Overview:
1. Trading near the lower range of the channel.
2. Volumes are good
3. Buyers are not showing strength.
4. Prices are rejecting from EMA.
- Stay tuned for further insights, updates and trade safely!
- If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading!
Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing.
Thanks & Regards,
Anubrata Ray
KRBL 1 MKrbl Monthly Timeframe Uptrend ( PE RATIO :- 11.8 )
Buying gown 300 entry price
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing
Share Huye Ya Insaan Jana To Upar Hi Hai.....
KRBL daily chart with EMA and trend linesBuy KRBL for long term target of 400/500/600, stock PE is 12, it is a value buying for long term. good fundamentals with great near term ROE/ROCE increase. EPS is also going to increase with stock price. Hold with patience. Buy on dips. Reversal confimred. Stay invested for long term.
KRBL Super Bullish Like Never BeforeKRBL has been in leading diagonal setup and expecting the wave5 to be super bullish moving to all time high records that is not imaginable, Expecting the price to reach minimum 6X from current levels!!!
KRBL is ready for another swing, 83% upside possible from hereHello guy's i have brought another stock which has taken support in trend continuation pattern, stock has shown huge volume spike, means traders and investors showing interest from this level. Higher probability we can see krbl towards 450/550+ in coming few months. Fundamentally this is one of the best company with good management, it has helped many investors to create huge wealth in past. Since Nov 2017 after making fresh new all time high at 675, it went in downtrend and made fresh low at 92 in march 2020(covid fear). Now stock has just taken support at support line and it is ready to fly in blue sky.
Q:-What is Bullish Ascending Channel or Trend Continuation Pattern?
Ans by Rahul:- A bullish channel is called a continuation trend pattern. The bullish channel is assembled by two parallel lines that frame the upward price trend. A line is validated when there has been at least two points of contact with the price.
Q:- How to take Entry and Exit in Trend Continuation Pattern?
Ans by Rahul:- Traders often consider buying near the lower trendline of the rising channel, anticipating that the price will bounce within the upward channel pattern. This provides potential entry points for bullish trades. And when price approaches the upper trendline of the channel, traders exercise caution. This is because the upper trendline may act as a resistance level. It's a point where the uptrend could temporarily stall or reverse, and this is only exit point or profit booking area for the Traders.
Well guy's, while a rising channel suggests the continuation of an uptrend, traders also watch for potential ascending channel pattern breakouts. A rising channel pattern breakout can occur when the price either breaks above the upper trendline or below the lower trendline. An upside channel pattern breakout may signal a potential acceleration of the uptrend, while a downside breakout could indicate a reversal or trend change.
About Company:-
KRBL is worlds leading basmati rice producer and has fully integrated operations in every aspect of basmati value chain, right from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.
Market Cap
₹ 7,100 Cr.
Current Price
₹ 310
High / Low
₹ 471 / 258
Stock P/E
11.9
Book Value
₹ 212
Dividend Yield
0.32 %
ROCE
15.8 %
ROE
12.5 %
Face Value
₹ 1.00
Industry PE
38.0
Debt
₹ 545 Cr.
EPS
₹ 26.0
Promoter holding
60.2 %
Intrinsic Value
₹ 325
Pledged percentage
0.00 %
EVEBITDA
8.47
Change in Prom Hold
0.00 %
Profit Var 5Yrs
3.56 %
Sales growth 5Years
5.50 %
Return over 5years
-0.35 %
Debt to equity
0.11
Net profit
₹ 596 Cr.
ROE 5Yr
14.8 %
Profit growth
-15.0 %
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
KRBL Good to keep on RadarNSE:KRBL
Its on the verge of new Breakout
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
========================
Disclaimer
NOT SEBI REGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
KRBL (17 June 2024)KRBL (17 June 2024)
Breakout of downtrend line with extreme good volumes
Bullish harami candlestick pattern at support
Disclaimer- This chart is only for learning purpose. It is not for trade
KRBL#KRBL after touching the previous breakout zone, bounce back from the demand zone. Maintain SL below the demand zone.
KRBL | Looks good for doubling with excellent risk rewardKRBL | Looks good for doubling with excellent risk reward
FII & Promoter both increased small portion recently.
Stock is trading at 10 P.E
CMP : 276
KRBL Testing Long-Term Support – Key Level to Watch
The stock is testing a long-term ascending trendline, which has acted as support multiple times over the past few years.
The RSI is at 32.27, indicating oversold conditions but also a bearish divergence, suggesting caution.
The MACD is showing a bearish crossover, with the histogram in negative territory, indicating downward momentum.
Recent volume has increased, indicating strong selling pressure as the stock tests support.
Immediate support is at the ascending trendline around ₹270. A break below this level could lead to further downside, with next major support around ₹200.
Watch for a potential breakdown below ₹270 with strong volume, which could signal further downside towards ₹200. If the support holds, monitor for a possible bounce, but be cautious due to bearish indicators.
Reversal From Support Zone- Rsi Breakout With Strong Momentum-Reversal from support zone
-formed strong green candle in daily time frame
-volume rising along with adx & macd also about to give crossover
-rsi gave breakout with bullish divergene shows strong upside momentum possible
Reversing From Lower Trendline Which Is Very Strong Support Zone-reversal trade- reversing from lower trendline with volume
-rsi about give breakout after that it will move fast
-keep in watchlish
KRBL LtdAbout the Company:-
KRBL is India’s first integrated rice company with 120-year heritage.
KRBL is worlds leading basmati rice producer.
It produces non-basmati rice also.
It has fully integrated operations in every aspect of basmati value chain, starting from seed development, contract farming, procurement of paddy, storage, processing, packaging, branding and marketing.
Fundamentals:-
Its a Mid Cap company, Lot of scope of rise.
Current Price is more than book value but less than Graham Number & Intrinsic Value.
Stock PE is approx 3 times less than its Industry PE.
Its a dividend giving stock.
Good ROCE & ROE.
Promoters holding is good & No promoters pledged.
Company is continuously reducing debt & now debt is too less as compare to its reserves.
Almost a Debt Free company.
Piotroski Score is 6.
Company shows Good & Stable Fundamentals for long term investment.
Technical:-
Supports are marked as green horizontal lines.
Resistances are marked as red horizontal lines.
Stoploss is marked as orange horizontal line.
Triangle Pattern is marked in Skyblue (Within Resistance & Support Trendline).
Expecting a W pattern - marked in yellow.
Price is below 200 Weekly EMA (White line) but above 200 Monthly EMA (Pink Line).
RSI facing Trendline Resistance and volume is less - which indicates probability of Option 1.
Means fall may continue for some more time.
Option 2 can only be considered when RSI Breakout of Trendline Resistance with good volume.
Crux:-
Fundamentally good dividend giving stock.
Technically wait for support levels to enter.
Long Term investors keep Stoploss at 130.
Buy 245 - 195 -155
Stoploss 130
Tgt 423 - 565 - 650
Long Term 800 - 1000
(Aggressive Buy Entry @ 297 near 200 Weekly EMA)
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.
KRBL LTD Analysis on 16 Dec 2023KRBL LTD Analysis on 16 Dec 2023
good Reserves with almost zero debt
Stoploss 330 (on closing basis)
target 420
450
470 (52 Week High)
krblkrbl good in for new theme
huge demand for pulao preparation at hotels.
cmp 382
sl 320
tgt 450,470+++
KRBL Ltd
KRBL Limited is a rice miller and Basmati Rice exporter. The Company operates in two segments: Agri and Energy. The Companys Agri segment is engaged in agri commodities, such as rice, cotton, seed, bran and bran oil. The Companys Energy segment is engaged in power generation from wind turbine and husk based power plant. The Company offers number of brands to its customers, such as India Gate, Doon, Nur Jahan, Indian Farm, Bemisal, Aarati, Unity, Lotus, Taj Mahal Tilla, Shubh Mangal, Necklace and Lion. As of March 31, 2012, the Companys energy portfolio consisted of bio-mass and wind power projects, with a total capacity of 55.6 megawatt.
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3 year CAGR growth
Revenue 6.5%
NetProfit 7.9%
OperatingProfit 2.6%
Don't we just love a Cup of TeaGreenlines = Possibilities
Redline = Plan failed, get out.
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Those with better emotional intelligence are more likely to make more money from the markets, when all other factors remain the same.
