ACE trade ideas
ACE (swing trade) day time frameSymmetrical triangle forming in the chart , bullish variant . Can enter now with target of 250.
Triangle Pattern - Expecting Breakout ✌This scrip is expected to give breakout in the coming days as it has formed triangle pattern. So traders keep on your radar to catch the momentum. Kindly like and share it to all your friends and needy people. Thanks to all.
ACE: Nearing Breakout NSE:ACE
Levels mentioned in Chart.
Note: Not a SEBI Registered analyst.
Trade at your own discretion.
ACE - Soon will Break the TriangleKeep an Eye, Soon it will Break the Triangle, My Short Trem Target is 250 and 01 Year Target is 325-350.
Multi Year Breakout - Cup & Handle Base FormationPositional & Investment Pick.
Keep Accumulating for suggested targets. Good quarterly numbers. Excellent Future Prospects. Huge Potential Upside
Action Construction: A probable trade (weekly)-Closing above the previous supply zone which is now the demand zone
-Buy at CMP
-Buy in dips till 155.
-Good buying volumes.
-Targets 178/189/200+.
-TF ~ Medium term.
-Stoploss weekly close below 145.
Against: Event may cause volatility.
Disclaimer: I am not SEBI registered. Personal opinion and charts that I share are for educational purpose only. Not recommendations.
Target 3 (87%) achieved in ACE. Target 4 is ON...This is follow-up on ACE. Can check link to related ideas.
Target 3 achieved. More than 87%. Target 4 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ACE Breakout ! Looks bullish.NSE:ACE
CMP-Rs. 195
Expectation -Rs.345
I will buy on pullback and if takes support on the previous resistance.
Technical
ACE Bullish on Daily and Weekly Chart.
Breakout of a major resistance.
Rounding bottom Pattern.
Fundamental
Best ever yearly result.
Construction sector in focus.
I would appreciate your thoughts on it.
PS. - I am not SEBI registered. This is for analysis and educational purpose only.
I would appreciate your thoughts on it.
Target 2 (70%) achieved in ACE. Target 3 is ON...This is follow-up on ACE. Can check link to related ideas.
Target 2 achieved. More than 70%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Action can give actionAction construction on verge of 13 year old consolidation breakout from a cup and handle pattern. Conservative targets can be 400 and if achieved, can move towards 700+. Time frame- 2-3 years.
CHANNEL BREAKOUT WITH GOOD VOLUME - GOOD FOR LONG Dear Friends,
The stock has come out the channel with closed with strong buy with good volume on weakly basis. Stock is good for long.
Disclaimer: This is for educational purposes. It's our own risk to take the order. Kindly do your own analysis or consult your financial advisor
Action Construction Equipment Ltd - Fundamentals and TechnicalsAction Construction Equipment is engaged in the business of manufacturing and marketing of Hydraulic Mobile Cranes, Mobile Tower Cranes, Crawler Cranes, Truck mounted Cranes, Material Handling equipment like Forklifts, Road construction equipment like Backhoe loaders, Compactors, Motor graders and agriculture equipment like Tractors, Harvesters, Rotavators etc.
Let’s look at some facts and figure of the company:
Fundamentals:
> It is a small cap company with a market cap of just Rs. 1,910 Cr.
> The ROCE is at 21.9% and ROE is at 16.5% which is impressive considering the size of the company.
> Stock P/E is at 23.9 which makes the valuation very attractive as compared to sector P/E at 45.63.
> Increasing Market Share: Over the last 5 years, market share increased from 9.55% to 14.78%
> Higher Than Industry Net Income: Over the last 5 years, net income has grown at a yearly rate of 51.13%, vs industry avg of 43.32%
> Higher Than Industry Revenue Growth: Over the last 5 years, revenue has grown at a yearly rate of 13.68%, vs industry avg of 4.17%
> It is almost a debt free company, reducing its borrowings continuously on year on year basis, that's a very good sign from investment perspective.
> Topline and bottomline both very impressive.
> FIIs and DIIs both have increased their stake in the company very recently.
Technicals:
> Stock looking very good on chart, its making rounding bottom pattern, one of the very profitable chart pattern.
> Trading above 100 and 200 DMAs.
> Stock has not just recovered Covid fall immediately but also raised almost 4 times from there.
> It is clear from volume at the bottom that lot of accumulation is going on in the company and bull run is around the corner.
> With the easing lockdown restrictions in multiple states the economy is showing a sign to recovery and construction activities are going to start with a big bang.
Considering all the points mentioned above it is clear that this is a fundamentally very strong company with good technicals on chart.
Fresh Buy - At CMP i.e. 168.
Old Buy - HOLD
Target - 3 times at least
