++ Promoter > 70, Debt free, Stock PE = 11.2 < 13.9 = Sector PE, ROCE 29.3 %, ROE 21.9 %, Reserves+Investments = ₹ 205 Cr., Dvd 1.06 %, CMP <= DMA200, Net Profit / OPM ++ Profit Growth 31.8% CAGR (Last 5 yrs) Double Bottom at 113.85 -- No FII/DII
Kothari petro has closed with good volumes on a DCB and nearing its all time High. An entry above 172 on close of the day with a TSL can be looked at with a PT of 200 with a SL at Breakout candle low.
Cup pattern breakout. Breakout on weekly chart after 1 year with good volumes. Consistently raise in volume. Stock retested breakout levels and bounced back with huge volumes.
*for educational purpose only. Refer previous chart for more.
*for educational purpose only. In monthly and weekly TF RSI is above 60 and on daily TF RSI is at 40 level. Stock is taking support of 43 days sma. T1 138 T2 157 T3 180
BUY - KOTHARI PETROCHEMICALS CMP - Rs. 65 Target - 1: Rs. 95 Target - 2: Rs. 115 . . Technicals - Bullish Navarro 200 Harmonic Pattern . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
From the left to the right you can see a year long 56% base which started topping out in April22. It took almost a year when the stock took support at 60 level and started its upward journey after consolidating for month and half. It has retraced back almost to 38% of fib. As you can see what took a stock a year to correct 56% and it took only 3-4 months to...
Kothari petro- breakout of 20 months cup pattern with good volume above 119 & closed @ 121.45. All oscillators are +ve. Buy above 126.50 Sl 107 Tgt 135-140-150-170
1.Price is consolidating for few weeks and is in formation of cup and base is created. 2.Price is ready to give breakout and RSI is above 60 indicates bullishness in stock. 3.Since no major resistance present price is expected to reach ATH's, gain of 50% to 60% can be easily achieved. 4.Buy above 76.( initially add small quantities as the price moves up more...
#kothari petrochemicals making weekly flag and pole . strong support zone at 55 fundamental + technical buy
Breakout in KOTHARIPET in Daily timeframe. Entry: 102 Target: 118 DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
The chemical industry has given huge returns in past. KOTHARI PETROCHEM for another 30% returns.
Swing Trade -Kothari Petrochemical Symmetrical Triangle Breakout Daily Time Frame- Expect a 5-7 % Return on This Stock. Only Education Purpose..
NSE:KOTHARIPET Chart pattern bullish Indicators still on buy signal Simple swing trade opportunity
DON'T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Book profits within the first 30 minutes of the market opening - Try to exit by taking 3-5% profit of each trade - SL can be taken when the 5/15 min candle closes below 44EMA - SL can also be maintained as 1% or closing below the low of the breakout candle The levels mentioned on...
CMP: 102 - Cup & Handle pattern near All Time High. - New All Time High can be seen in coming days,
Best buy @98-100 Target 150-200 -250 in a year. very strong pattern formation in 3 month
This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to All 🙏🙏🙏