HG Infra is a techno-fundamental pick shared from infra sector.
Stock is available at a PE of around 10 and ROE, ROCE>25%.
Sales growth in 5 years is above 27% which is phenomenal
Technical Logic: -Stock is retesting previous breakout. Currently, small rejection is seen from demand zone. If a good candle closes above 890, stock can start upward journey with...
H.G. Infra Engineering Ltd analyasis on 25 Mar 24
breakout after 2021 and support on breakout Dec 23
stock take support near breakout retesting
keep stoploss near 760
target 1000 - 1080 - 1160 - 1210
(all target are base on Fibonacci)
Now market is very volatile so take risk as per your appetite
It is an Indian Road Infrastructure Company.
Market Cap₹ 6,933 Cr.
ROCE 25.4%
InstHold 14.%
3 YEARS Growth :-
SALES 27%
PAT 43%
Bluesky Breakout with Volume.
Observe the trend lines forming a wedge pattern on the chart. In this case, it appears to be a rising wedge, where the upper trendline is steeper than the lower trendline.
Potential Implications:
Bearish Signal: Rising wedges are often considered bearish patterns.
As the price oscillates within the wedge, it indicates a gradual loss of momentum.
Traders and...
H.G. Infra Engineering Ltd. This stock has a breakout of a lifetime high today. In that case, according to technical analysis, the stock has also broken an important resistance level.
Ahead is a psychological level of 1100, entry can be taken on a breakout of this level.
Parameters according to which we perform fundamental analysis. As per those parameters, the...
Fundamentals:- Company is operating in roads segment which seems to increase in future. They have healthy orderbook. And PE is at 10 which is attractive for investment.
Technicals:- Stock has completed rounding bottom pattern as showing in the chart and now it is retesting 820 level.
Target - 1150
Stoploss - 780
Time period - 1 year+
For educational...
STRATEGY: BUY CMP i.e. 985-980 SL:905 TGT: 1130-1150
Theory:
The Cup with Handle is a bullish continuation pattern that marks a consolidation period followed by a breakout. It was developed by William O'Neil and introduced in his 1988 book, How to Make Money in Stocks.
As its name implies, there are two parts to the pattern: the cup and the handle. The cup...
HG infra has given neat and clean breakout on daily timeframe and now it has retested the levels also. Now this is going to fly towards all time high levels. So if anyone wants to go long can go with given levels on chart.
This could be a positional trade chances are high we can capture here more than 100 rs move.
Price and Action proper showing a bullish...
Clean Breakout after wonderful result.
The stock has good potential to retest the all time high zone.
Risk & reward is in favorable condition.
This is no any recommendation for trade.
only for educational purpose.
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...
NSE:HGINFRA
✅ #HGINFRA trading above Resistance of 948
✅ Next Resistance is at 1107
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only....
NSE:HGINFRA
✅ #HGINFRA trading above Resistance of 822
✅ Next Resistance is at 948
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is...
#HGinfra moved in the range of 500-660 for 280 weeks and finally breaking above this channel.
Good order book and profit margin. Retested the BO level and again moving ahead.
One can expect to see 700/750/800 in coming weeks with SL of 650 on CLBS.
Such long consolidation BO works as very good support and can be accumulation zone whenever price comes to touch...
