Attention investors! 📈 Here's a golden nugget for your portfolio: Paradeep Phosphates is flashing a strong buy signal, and here's why:
Bouncing Back Strong: The stock has taken robust support at the lower band of its trading channel. Historically, this indicates a potential rebound and signals stability and strength.
Crossing a Critical Threshold: It's not...
PARADEEP PHOSPHATES LTD
Weakly Chart Analysis
All time high break with good volume and Candle.
83.45 is all time high as of now 04-01-24 11.30 AM.
In the coming weeks if weekly candle closes above this price range then we can see further bullish rally.
75 Rs Range should act as strong support area if the price comes for the retest.
Stock shouldn't close...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Paradeep Phosphetes has given positive break out with huge volume both on weekly and daily charts one can buy for the target 90 with the stop loss 72,68.
Please do your own analysis before investing in the stock above analysis only for the educational purpose.
Paradeep Phosphates Ltd | AGRI Momentum Stock
Incorporated in 1981, Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company.
Financial: strong
Market Cap = 6,264 Cr. Current Price = 76.8 Face Value = 10.0
ROCE = 11.0 % ROE = 11.0 % Debt to equity...
The stock retraced from Golden Fibonacci ratio and formed cup & holder formation.
Breakout above 77 will likely open the stock to the levels of 86 (T1)/ 103 (T2).
Afterwards, there is a possibility of much larger Elliot motive wave rally to begin for targets of 180 (T3) and finally will be waiting for the final wave to 310 (T4).
My view on #ParadeepPhosphates CMP 76
VCP pattern
ATH #BREAKOUT
Support at 68
Target 90|100|120
Monthly narrow CPR
Monthly resistance broken
#gold #crypto
Manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and Hydroflorosilicic Acid.
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
Paradeep Phosphates Limited is a manufacturer of non-urea fertilizers and India’s second largest private sector phosphatic company. The company is engaged in manufacturing, trading, distribution, and sales of a variety of complex fertilizers such as DAP, three grades of Nitrogen-Phosphorus-Potassium (namely NPK-10, NPK-12, and NP-20), Zypmite, Phospho-gypsum, and...
Paradeep Phosphates has given good Q2 results but stock is trading in small range with low volumes,still stock can give good return in mid term i accept target 75,80
Do your own research before investing.
