Arihant Super Structure is Bullish and this stock gave 429% Education Purpose Only..
Stock gave Strong Breakout with 625K Volume. Very Bullish..
This stock has given 429% returns Since 5 Years...
8.45INR
314.02 MINR
3.89 BINR
10.41 M
About ARIHANT SUPERSTRUC
Sector
Industry
CEO
Ashok Bhanwarlal Chhajer
Website
Headquarters
Navi Mumbai
Founded
1983
ISIN
INE643K01018
FIGI
BBG000DBCSX9
Arihant Superstructures Ltd. engages in construction and real estate development projects. Its activities include identification and acquisition of land, planning, execution, construction, and marketing of projects. It specializes in residential and commercial properties. The company was founded by Ashok Bhanwarlal Chhajer on March 26, 1983 and is headquartered in Navi Mumbai, India.
Good Positional Trade - Decent RR Ratio▪ Established in 1994, it is one of the largest real estate players in MMR region
▪ Headquartered out of Navi Mumbai, Maharashtra, the company has a
dominant presence in high growth micromarkets of Mumbai MMR; namely
Badlapur, Shilphata, Taloja, Titwala, Kalyan, Chowk, Kharghar,
Stocks in radar #5
Firstly, stock formed a cup and handle pattern which broke the resistance with good volume.
Secondly, the second breakout is in flag and pole pattern. Both cup and handle and flag and pole are bullish patterns. Flag and pole is the most time-tested pattern with good accuracy and shows strength
ARIHANT SUPERSTRUC : Short term (1-3 months)#Arihantsup #channelbreakout #channel
ARIHANTSUP :
>> Good strong Channel breakout, need followup
>> Good Volumes & Strength in stock
>> Low Risk High Reward Trade ( 60% upside possible)
>> Swing traders can lock profits at 10% & keep trailing
Please Like or comment if u r Liking the analysis & L
BREAKOUT - PULLBACK - CONTINUATION NOW?The stock gave a weekly cup and handle BO last year and after hitting fibo target 1 started retracing.
It has retraced 61.8% and now moving up. Buy above 210.7 (which is also previous strong support and resistance zone) on day closing basis for positional targets 220 and 250.
Kindly calculate you
ARIHANTSUP - 400+ days ConsolidationDetailed View about this Breakout:
No.of Resistance: 8
No.of Support: 6
Consolidation Days: 400+ Days
I Post educational chart for 3 Swing / Potential Stocks Everyday.
Check Related Ideas section for more Swing Stock analysis.
ARIHANT SUPER LOOKING GOOD TO ENTERARIHANT SUPERSTRUCTURE
CMP : 221
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
Arihant superstructure Arihant superstructure breakout retested CMP:221 sl: 185(wcb) Target: 250/270/300/330
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Frequently Asked Questions
The current price of ARIHANTSUP is 363.90 INR — it has increased by 3.25% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange ARIHANT SUPERSTRUC stocks are traded under the ticker ARIHANTSUP.
ARIHANT SUPERSTRUC is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
ARIHANTSUP earnings for the last quarter are 3.00 INR whereas the estimation was 2.55 INR which accounts for 17.65% surprise. Estimated earnings for the next quarter are 0.10 INR. See more details about ARIHANT SUPERSTRUC earnings.
ARIHANT SUPERSTRUC revenue for the last quarter amounts to 890.00 M INR despite the estimated figure of 890.00 M INR. In the next quarter revenue is expected to reach 650.00 M INR.
Yes, you can track ARIHANT SUPERSTRUC financials in yearly and quarterly reports right on TradingView.
Like other stocks, ARIHANTSUP shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ARIHANT SUPERSTRUC stock right from TradingView charts — choose your broker and connect to your account.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ARIHANT SUPERSTRUC EBITDA is 877.09 M INR, and current EBITDA margin is 19.91%. See more stats in ARIHANT SUPERSTRUC financial statements.