ORBTEXP-3Q + 3M+ 3w + 4D + 10x Mazgaon ka fundaORBTEXP-3Q + 3M+ 3w + 4D + 10x Mazgaon ka funda
1) Curvy Patter- SAUCE
2) COnsolidation
3) Breakout Slopy pattern detected as well.
ORBTEXP trade ideas
Orbit Export Analysis - Cup and Handle breakoutOrbit Export Analysis
Fundamentals : Decent, Promotors and FIIs holding increasing in past quarters
Technicals : Given cup and handle breakout and confirmed by retesting it, riding 52 weeks high!
R 1: 210
R 2: 230
R 3: 250
SL : 160
Orbit Exports - Cup and Handle BreakoutOrbit Exports
Fundamentals : Decent, FIIs holding increased in recent quarter
Technicals : Broken and tested Cup and Handle bullish pattern, well placed above 50 and 200 DMA
R 1: 205
R 2: 225
R 3: 250
S : 150
ORBTEXP - Ichimoku Bullish Breakout Stock Name - Orbit Exports Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 192
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Orbit Exports Breakout1. 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 Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high volume
c. Exhaustion gaps
d. Heavy daily volume without further upside
e. Largest one day price drop
After a consolidation since October 2018, NSE:ORBTEXP has given a breakout today. Buy with a stop just below ₹126 (one can use a fixed percentage stop loss (e.g. 20% below the buy price) as well).
Strengths: -
1. TTM Sales growth is at 102%, TTM Profit growth is at 332%, June quarter sales growth is at 158% and profit growth is at 520%
2. 10 year average ROE more than 15%
3. Debt to equity at 0.24(less than 1 is good), Interest Coverage at 14.8(greater than 3 is good), Current Ratio at 2.14(greater than 1.5 is good)
4. ICRA has reaffirmed the ratings of the company on 21st July 2022 (please go through the credit rating report for better understanding)
5. ADX > 30 on daily chart
6. Debtor days came down from 102 to 76 in March 2022
Weaknesses: -
1. Stock is trading at 2.37 times of its book value
2. The company has delivered a poor sales growth of -1.16% over past five years
3. Company has a low return on equity of 8.20% for last 3 years
4. Dividend payout has been low at 11.8% of profits over last 3 years
5. FIIs decreased stake from 0.18 in March 2022 to 0.02 in June 2022
Disclaimer: I am not SEBI Registered. Do trade or invest at your own risk, I am not responsible for any losses and won't claim anything from your profits either. Take financial advices from your advisors before jumping in.
ORBTEXP | Opportunity to earn 20%+ in Swing Trade !Good earning opportunity (RRR 1:3) - 20%+ in Swing Trade.
CMP: 133 ( Good to Buy @ 137 )
SL: 121
Target: 169
( Targets calculated on the basis of Fib. and previous swings )
Disclaimer:
I am not a SEBI registered analyst. My studies are for educational purposes only. Please consult your financial advisor before trading or investing. I am here just to share my views and have fun!!! Don’t take me seriously…..
Happy trading !!!
ORBTEXP | Good for Long NSE:ORBTEXP
Cmp : 135.80
Breakout Retest
Stoploss : 127.5
#Study, Learn & Earn.
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Disclaimer: All the information posting on this page are for the educational purpose only, we are not SEBI registered financial advisor. We wont recommend any BUY/SELL of stocks. Contact your financial advisor before taking any action.
ORBITEXP. moving towards 180orbitexp given trendline breakout with strong candle and than again breakout with strong candle from rounding bottom..
volume is good
price is the engine and volume is the fuel
more the fuel ... more the power ... more the movement
views are educational
ORBTEXP - Breakout with huge volume - Swing TradeThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Expecting Breakout ✌✌✌This scrip is ready to fly as it is on the verge of breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
LongThis is only for education purpose.
Made triple bottom on weekly chart. Look good after breakout.
Orbit Exports Ltd-Small CapBuy only if script closes above 60.50, keeping SL 54 on closing basis.
1st Target-70
2nd Target-78
Trade change if script closes above 78.
Orbit Exports - Investment Stock!Orbit Exports is forming an irregular rounding bottom. High spike at the end of Jan shows big players has entered. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish . When buyers enter the market at a low price, it increases the demand for the stock . Once the rounding bottom is complete, the stock breaks out and will continue the uptrend. I expect this stock to gain 30 to 40 points in a year or two.
Orbit to space with this onethis is not your normal BTST type stock, have to wait for the MA cross, but the buyer are building up, so be smart and keep a eye
Orbit Exports - LongOrbit Exports could be brought for short term investment with 6 month time frame.
As per the trend lines it should see some good upside.
Entry levels at 130 -145.
Targets in the range of 175 or above.
Stop loss - >123
