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BCL INDUSTRIES LTDBB

BCL INDUSTRIES LTD

40.53INRR
+0.67+1.68%
At close at 10:12 GMT
INR
No trades
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BCLIND trade ideas

BUY TODAY SELL TOMORROW for 5% DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall Trendline Breakout in BCLIND BUY TODAY SELL TOMORROW for 5%
NSE:BCLINDLong
by Kapil-Mittal
3
#BCLIND@StockWhizzer Hello dear friend in This Chart the data is very less as of now one Pennant pattern I have found which already gave breakout ,so checked various methods over this counter but for me as of you should only buy in the Accumulation Zone only which should be 3% of your total Capital in my opinion if really wanted to add than I have made support line in chart please have a look to them, less liquid stock so when volume Shoots up use that time as an Opportunity and try to take an entry at that time only. Hope this helps to your Query ,Rest You can ask I will try to answer. please refer to the chart. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
N
by Anany_shringi
7
BCLIND is good for Medium to Long TermBLC Industries Ltd. About - 44-year-old company engaged in Edible Oil & other related business. - is one of the largest edible oil complex in North India. - 8 brands in the edible oil business. - Largest Grain-based Ethanol supplier in India. - Consistently generating profitability without any CAPEX. - Co. also manufactures refineries & machinery along with their business in real estate. - The Ethanol story & Edible oil story both will be contributing to the growth of the business. - 5 Year Sales Growth CAGR is 22% - 5 Year Profit Growth CAGR is 50% Prospects: - Govt. has announced that it is planning to incorporate Ethanol in Petrol by 20% by 2023. - Govt. has recently announced that it will invest around 11k crore in Edible Oil Ecosystem to boost domestic production & cut imports. Both these will have a positive impact on the company in the coming years. Insider Buying: The Board of Directors of BCL Industries Ltd at its meeting held on the 03rd day of August, 2020, has approved the allotment of 50 lakh equity shares at a price of Rs. 60/- per share (including a premium of Rs . 50/- per share), on a preferential basis to 3 specified persons of Promoter Group (i.e. Mrs. Sunita Mittal, Mr. Rajinder Mittal, and Mr. Kushal Mittal) and one specified entity belonging to public category i.e. Rollon Investments Private Limited. The number of shares allotted to the allottees: Mrs. Sunita Mittal - 800000 shares (Promoter) Mr. Rajinder Mittal - 800000 shares (Promoter) Mr. Kushal Mittal - 1000000 shares (Promoter) Rollon Investments Private Limited - 2400000 shares (public) View: - BCLIND is a relatively small fish in a big pond. It has much room to grow. With consistently good Sales growth & Profit Growth & upcoming sectoral tailwinds, the company should do well.
NLong
by AmanSaraf