Maithan Alloys- Ascending Triangle Breakout Possible?monthly t/f charts suggestive of c&h pattern in formation
chart worth following, fundamentals are good, only concern I see in fundamentals is the squeezed OPM
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
284.35 INR
3.49 B INR
17.25 B INR
2.24 M
About MAITHAN ALLOYS LTD
Sector
Industry
CEO
Subodh Agarwalla
Website
Headquarters
Burdwan
Founded
1985
ISIN
INE683C01011
FIGI
BBG000FRNW70
Maithan Alloys Ltd. manufactures and exports manganese alloys. Its products include ferro silicon, ferro manganese, and silicon manganese. The firm also generates and supplies wind power. The company was founded by Subhas Chandra Agarwalla and Basant Kumar Agarwalla on September 19, 1985 and is headquartered in Burdwan, India.
Maithan Alloys Breakout from Descending Triangle✅Maithan Alloys has decisively broken out of a descending triangle pattern on the daily chart, crossing the resistance at 1180 with strong bullish momentum. Sustaining above this level could drive the stock towards 1280–1300 levels in the near term. RSI above 70 indicates strong buying interest, sup
MAITHANALL - Weekly AnalysisIn the Weekly Chart of MAITHANALL ,
we can see that; it is inside a channel.
It has given small Cup & Handle breakout.
Let it retest and then enter with SL and targets and go long.
Expected momentum is shown in chart.
maithan alloy bullishdaily rsi is rising with an explode on directional index.
buy for 20-25% upside with 7% sl.
Institutions Building Position -volume showing strngth
-rsi strong
-indicators also showing momentum in stock is possible
keep in radar it can give 20% upside move from here
MAITHON ALLOYS ready for 15-20% gains in short termDescending triangle breakout with volume spike
Above EMA50
RSI near 70 and rising
Great risk reward ratio
Watch out for short term !!!!
MAITHAN ALLOYS LTD (ACCUMULATE)Sector: Ferro Manganese/ Industry: Ferro & Silica Manganese
Market Cap: 3,214.79 Cr. / Category: Small Cap
Current Price: 1096.75/- Target Price: 1279, 1301.2/- Stop loss: 998.6
Ticker: NSE: MAITHANALL Recommendation: BUY (Buy Around 1053 – 1049)
Date: 29/11/2023
Elliott Wave Theory Outlook – Maith
Maithani am not a SEBI register advisor, this is not a call to buy, its my personal opinion abt the chart.
the stock is technically good
MAITHANALL | Triangle breakout with volume -Potential for 30-40%MAITHANALL | Triangle breakout with volume - Looks potential for 30-40%
CMP :1100
SL : 1000
Target : 1500
1:4+ risk reward setup
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of MAITHANALL is 1,121.50 INR — it has decreased by −0.55% in the past 24 hours. Watch MAITHAN ALLOYS LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange MAITHAN ALLOYS LTD. stocks are traded under the ticker MAITHANALL.
MAITHANALL stock has fallen by −0.34% compared to the previous week, the month change is a 4.33% rise, over the last year MAITHAN ALLOYS LTD. has showed a −6.78% decrease.
MAITHANALL reached its all-time high on Apr 12, 2022 with the price of 1,594.40 INR, and its all-time low was 25.00 INR and was reached on Jul 1, 2013. View more price dynamics on MAITHANALL chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MAITHANALL stock is 2.70% volatile and has beta coefficient of 1.67. Track MAITHAN ALLOYS LTD. stock price on the chart and check out the list of the most volatile stocks — is MAITHAN ALLOYS LTD. there?
Today MAITHAN ALLOYS LTD. has the market capitalization of 32.65 B, it has increased by 6.91% over the last week.
Yes, you can track MAITHAN ALLOYS LTD. financials in yearly and quarterly reports right on TradingView.
MAITHAN ALLOYS LTD. is going to release the next earnings report on Feb 10, 2025. Keep track of upcoming events with our Earnings Calendar.
MAITHANALL net income for the last quarter is 1.44 B INR, while the quarter before that showed 4.57 B INR of net income which accounts for −68.49% change. Track more MAITHAN ALLOYS LTD. financial stats to get the full picture.
Yes, MAITHANALL dividends are paid annually. The last dividend per share was 6.00 INR. As of today, Dividend Yield (TTM)% is 0.53%. Tracking MAITHAN ALLOYS LTD. dividends might help you take more informed decisions.
MAITHAN ALLOYS LTD. dividend yield was 0.61% in 2023, and payout ratio reached 5.01%. The year before the numbers were 0.76% and 3.50% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 15, 2024, the company has 1.64 K employees. See our rating of the largest employees — is MAITHAN ALLOYS LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MAITHAN ALLOYS LTD. EBITDA is 1.12 B INR, and current EBITDA margin is 7.46%. See more stats in MAITHAN ALLOYS LTD. financial statements.
Like other stocks, MAITHANALL shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MAITHAN ALLOYS LTD. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MAITHAN ALLOYS LTD. technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MAITHAN ALLOYS LTD. stock shows the strong buy signal. See more of MAITHAN ALLOYS LTD. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.