everyone is waiting for a good opportunity to trade and here I am back with a new stock that entered in market. After its IPO now it formed a bearish pattern also continuous selling pressure can be seen.
waiting for perfect level 770 to activate to get the small target of 10%.
Aether's recent incident was very unhuman and tragic. The incident dragged the stock to 778 i.e. around 25% down. A bad news of a good company is an opportunity for the value investors to buy the stock at attractive valuation and so is with Aether. Nothing wrong with company and strong demand and quarter to come. RSI also has reversed from 24.
CMP 794
Target...
Aether
I bought at 885
It went down to 10% because of their go-down fire-accident.
Flag pattern, chance to get 8% reward...
Retest required once its break
Key levels:
Support: 780 CL
Resistance: 900 950 1000
Description:
The stock is getting ready to break the trendline after a very steep downfall. Lets track the stock and see how the things will work.
-Annual Revenue rose 11.8%, in the last year to Rs 667.6 Crores. Its sector's average
revenue growth for the last fiscal year was 17.1%
-Annual Net Profit rose 19.7% in the last year to Rs 130.4 Crores. Its sector's average net
profit growth for the last fiscal year was 6.7%.
-EPS increased to 10.5 from previous year 9.67
PE Ratio is 109.7, higher than...
📊 Details
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin...
The stock gave ATH breakout from its level.
but SL is huge. Wait for retest.
Company has good fundamentals.
Enter based on you analysis.
only for educational purpose.
AETHER:- Stock has made cup and handle on hourly chart, keep your eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the...
AETHER INDUSTRIES LTD : Breakout on 1-D and 1-W chart
Sort Term Target 1158 Keep SL 960 on Daily Closing Basis
Long Term : Fundamentally also looks good for long term, Potential to be double from current price.
