Rounding bottom but low volumeClear rounding bottom with low volumes.
Targets(T1, T2, & T3) mentioned along with expected time frames.
Disclaimer: No recommendation
NGLFINE trade ideas
Breakout and life time high1) bearish market but stock hitting it's life time high
2) sustain it's sentimental resistance 2500
3) no recommendation for buy and sell
4) volume buildings
NGL Fine Chem Ltd | a Momentum pharma stockNGL Fine Chem Ltd | a Momentum pharma stock
Established in 1981, NGL Fine-Chem Limited manufacturers and markets APIs, Intermediates and Finished Dosage forms for human and animal pharmaceutical product. It caters to various Indian and global companies with high quality and reliable products.
Financial:
Market Cap = 1,382 Cr. ROCE = 11.5 % ROE = 9.31 %
Debt to equity = 0.11 Promoter holding = 73.1 % Piotroski score = 4.00
Quick ratio = 2.06 Current ratio = 2.58 Return on assets = 7.11 %
Profit Var 3Yrs = 18.5 % Sales growth 3Years = 21.8 % Pledged percentage = 0.00 %
in Technically you can see monthly and weekly strong RSI Momentum
financially also debt free company as well as company has good capex plan in comming years
so this will be next multibagger if hold for long time.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
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NGLFINE- H apna, WeinsteinNGLFINE- H apna, Weinstein
1) Consolidating
2) Above ema
3) Trendline support resistance
4) rejection
IPO base ready to flyy!!Good base.
Great consolidation.
Great volumes.
SL below 1920,only condition is that it should open flat.
Lets follow NGL fine ATHATH and ne company in pet care.
Sales going up
Levels are marked and RSI is high as well.
Lets see what happens in next trading days
NGL Fine chem Analysis Stock has given BO with massive volume spike maintaining supportive trendline, follow chart for proper entry and exit levels.
NGL Fine - Box BreakoutLong at CMP...
SL 1580 for short term traders and 1540 for positional buyers..
on the verge of break out! keep an eye!might hit 700 in medium term.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
Consolidating around support lineHas to cross immediately 478 on closing basis. Target will be 557, support at 400
NGL FineChem 12 Sep 18Go long with a sl of 570 on closing basis for a target of 620 and 660
Disc:
1. No trading position
2. Educational purpose only
NGL fine chemFirst ever post from Android phone..trade explained in chart
Educational purposes only..Paper trading mode
Breakout from Falling WedgeNGL Fine Chemicals has given a breakout from falling wedge pattern. RSI and ROC are rising while MACD has given a bullish crossover. 430 seems the first objective.
