DHANUKA trade ideas
Dhanuka LongName - #Dhanuka
CMP - 939
SL - 900 Closing Basis
TGT - Mentioned on Charts
Time Frame - 4/6 months
Dhanuka Agritech - Monday Trade | Swing & IntradayStock has formed cup and handle and given BO.
Could'nt sustain above break-out zone multiple times (Weekly candle close) until last week.
Volumes have been very good
Good to buy above 975 both for Intra and Swing
DHANUKA, 4 YEARS BREAKOUT#DHANUKA
3 YEARS BREAKOUT.
Last week closing clearly shows interest of buyers.
They were able to push up the prices by 10% and successfully close above resistance.
Volumes are at highest levels.
RESULTS Were wonderful.
DHANUKANote:
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Keep an eye ladies and gentlemen. Cheers and Happy Trading
Dhanuka AgritechDhanuka Agritech - Cmp 942
The stock is giving multi year breakout. Looks good for long if it sustains above 930. Imp support/resistance levels are marked on the chart.
Dhanuka Agri Dhanuka
Looks Good Above 930(Weekly closing or Min 2days closing above the 935)
if im not wrong,Two patterns formed simultaneously Cup n Handle and Pole n Flag
and One more All time High Breakout also
Healthy Mansoon Declared so buy above levels and hold-hold for min 10-15% ++
Positional buyers its good opportunity to add more qty above levels
Note- All views are only for Study purpose before taking any entry exit please consult with your Financial advisor.
[TECHNO FUNDA PICK]DHANUKA AGRITECH LTDGood Structure observed in Dhanuka
volumes picking up in uptrend and dry up in consolidation
For momentum players
Above 956
add till 810(Fibonacci retracement level)
Weak below 610
Target 1250-1300-1400
For Long Term investing
Buy at CMP
Add on dip
and weak if close below 200 SMA
Very good Fundamentals ::--
Market Cap-- ₹ 4,218 Cr.
Stock P/E-- 20.0
ROCE-- 37.8 %
ROE-- 28.0 %
Company is almost debt free.
Mcap FF (Cr.)-- 1,054.24
Please maintain SL closing basis as this is small cap stock
Risk 1-3% of your capital(so plan position sizing base on this)
My trading view ideas past accuracy around 71%(Please maintain your SL)
DHANUKA All Time Highit is trading near All time High, and formed CUP & Handle pattern on monthly chart. closing above 930 in this will give all time high close on monthly basis.
DHANUKA AGRIChart is shaping up well forming cup&handle and bullish flag pattern supported by volume. Convincing breakout may give decent return to short and mid term investor. View negated below 690(DCB)
Cup and Handle Formation around ATHThe stock is making a cup and handle pattern around ATH with increase in volume. Looks good posirionally above 936 level
DHANUKA AGRITECH - BUY POSITIONALLY ABOVE 940AGAIN MONSOON PLAY !!!
ROUNDING BOTTOM FORMATION ON MULTI TIME FRAME CHARTS
WAITING FOR A BREAKOUT CANDLE GIVING A DAILY CLOSING ABOVE 940
TARGET 1 - 1065 (POSITIONALLY FOR 1 - 3 MONTHS)
TARGET 2 - 1300 (LONG TERM)
DHANUKA AGRITECH - BUY POSITIONALLY ABOVE 840AGAIN MONSOON PLAY !!!
ROUNDING BOTTOM FORMATION ON MULTI TIME FRAME CHARTS
WAITING FOR A BREAKOUT CANDLE GIVING A DAILY CLOSING ABOVE 840
TARGET 1 - 1065 (POSITIONALLY FOR 1 - 3 MONTHS)
TARGET 2 - 1300 (LONG TERM)
BUY ABOVE 950Dhanuka agro looking for a bullish flag breakout
season and current trend in fertilizer stocks are favoring
