POKARNA - DOUBLER CANDIDATE !!!give it 1 year !!! it will double your money !!!
u can also add above 325..
POKARNA trade ideas
FY21-22 Swing Trade Idea #40: Long on POKARNAThis is a public swing trade idea (other private ideas accessible through website) and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow if you want to get further updates. Our objective to help anyone who wants to learn technical analysis using charts. You can post your queries in comment section here and we will try to answer asap.
#POKARNA long#POKARNA
SL-124 DCB Cmp-147 Gud buy abv 159
Good to enter at lower value around 124.
Valuations are good.
H&S failure with trendline break#POKARNA CMP 241.3 H&S failure coupled with trendline breakout is extremely bullish for this stock. Keep a stop at 199 and go long
Pokarna-The Quartz King on a downtrendDisclaimer... Not invested..Not an investing/trading recommendation
Pokarna :205 nearing a strong support level 194Pokarna :205 seems to be nearing a strong support level. But Indicators are still showing weakness, expect to find a support around 194 level, Is a good stock to have in one’s portfolio, to find a target 260 _320 and more in coming years.
This looks like an H&S, but don’t worry, it doesn’t qualify an head & shoulder, as a Head and shoulders patterns appears on top of a bullish move, here such big move is not seen, the volume is not supporting, and the neck line is almost flat.
Prices movement are the result of a continuous game of tug of war, whether a stock's price goes up or down is the direct result of how many people are on each side. Those who believe in up moves are called bulls, and those who believe downward journey are called bears. . If more people are bullish, then the price will go up as new investors buy in to take advantage of the opportunity and If more bears are in market, then its price will go down as they sell their shares to avoid losing money. Like all charting patterns, peaks & trough of the head and shoulders pattern tell a very specific story about the battle being waged between bulls and bears.
All that psychology is working well here. So if the stock is trading below the neckline for long time, avoid holding it. I believe 194 is an ideal stop.
POKARNA - Close Above 251 will give rise to 290Trend Line BO + At Major Resistance level - Close above 251 will give rise to 290
Using combination of Slow Hiekin Ashi and Slow RSI (weekly only)Test it for yourself on different stocks (which moved heavily up or down or sideways for last 6-12 months) and get your answer whether to use it or not
Pokarna:1406 having a pole and flagt formation rpost on reqPokarna is bullish an having
a pole and flagt formation,target 1563
POKARNA:1065 next support is arround 970 Res:1147 (onRequest)The fundamentals are good, but debt is as high as 2.81 to 0.6 is showing in different sites
Market Cap.: ₹ 658.33 Cr.
Current Price: ₹ 1,061.70
Book Value: ₹ 239.63
Stock P/E: 8.79
Dividend Yield: 0.94%
Face Value: ₹ 10
DE: 0.80
Listed on both BSE & NSE
52 Week High &Low: ₹ 1,314.00 - ₹ 702.25
Return on capital employed: 28.26%
Quick ratio: 0.99
Dividend Payout: 12.11%
Number of equity shares: 0.62
EPS: ₹ 92.50
Expected quarterly EPS: ₹ 36.35
Cash 3Years back: ₹ 2.86 Cr.
Cash end of preceding year: ₹ 8.02 Cr.
Cash end of last year: ₹ 7.92 Cr
Pokarna 1224 is bullish an having a breakout from pole& pennant
Pokarna 1224 is bullish an having a breakout from
a pole and pennant formation, Pole height is 1314-910=404
Target 1159+404 =1563
Pokarna Ltd - Multibagger in progress?This is a small cap stock. Breaking into all time high with very high volumes on the back of news: Bagged a contract from IKEA India. It has the potential to grow its business phenomenally. Long with SL 900.
