PREMIERENE trade ideas
Darvis Box breakout This stock has been in a consolidation since being listed, hence has broken its range.The future target is set through Fibonacci. I hope it’s helpful
Premier Energies looks positive for Short & Long term GainsPremier Energies showing strong potential at current levels, having retraced to this high since its IPO. It could an breakout offer for a minimum of 30% growth within the next 3-6 months. Feel free to conduct your own analysis and share your feedback.
Premier EnergiesLTP 1220
Enter above 1280
SL 1200
Tgts 1475-1550
Don't miss to Boost 🚀 this idea
For more info - Plz visit my profile
Rgds,
Naresh G
Sebi Reg.RA
PREMIERENE - ascending triangle - WatchlistThis chart show a technical analysis for Premier Energies Ltd.
The two panels display price action with candlesticks on the right and line chart on the left.
The yellow lines suggest a pattern analysis, likely an ascending triangle, as indicated by the higher lows and horizontal resistance around ₹1,267.95.
Key observations:
Resistance Level: ₹1,244 is acting as a major horizontal resistance.
Support Trendline: The yellow ascending trendline is connecting the higher lows, indicating bullish momentum.
Breakout Attempt: Today's price action suggests a potential breakout with significant volume ₹1,244 close is good buy.
PREMIERENE - Cash Pick PREMIERENE - Premier Energies Ltd
TF: 75 Minutes
Recently listed, not much data/candles; hence, the analysis could be premature/too early to decide/confirm.
But the chart pattern is too good to miss.
Friday's last hour candle had a good volume
Price has broken the falling trendline from the top.. Awaiting breakout above 1270 for further confirmation.
Whether you call it Range Breakout OR Waves 1500-1650 (25-30%) looks very much possible in the short term.
Given the nature of the business, and the focus/interest on Renewable energy theme across the board, this could be a long term investment pick too.
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
Premeier Energies - Excellent Results - Buy above 1145Excellent Results by Premier Energies
One can enter above 1145 for targets of 1125/1370/1500/1700 with SL of 1082.
Views invalid below 1145.
#PremierEnergies - Results Snapshot
Blockbuster Q2FY25
Highest ever set
Rev at 1527cr vs 693cr, Q1 at 1657cr
PBT at 275cr vs 70cr, Q1 at 245cr
Solid margin expansion YoY, decent QoQ
PAT at 206cr vs 52cr, Q1 at 198cr
OCF 845cr vs 35cr
Strong capex plans and order book 👏
Capex plans:
1 GW TopCon cell line by Q4FY25
Will start contributing in revenues.from Q1FY26
Management confident of sustaining margins at current level
4 GW Integrated TopCon cell and module facility
Module: Q4FY26
Cell: Q1FY27
1.2 GW cell manufacturing in US
FY28
2 GW wafer manufacturing
FY26 commisioning
36,000 T aluminium frame manufacturing
FY26
Orderbook: Strong
3860 MW
6233cr
Pipeline:
4250 MW
5738cr
Net debt free
D/ E at 0.55x
Q2FY25:
Rev at 1553cr vs 702cr⏫121%
Q1 at 1668cr
EBITDA at 407cr vs 107cr⏫280%
Q1 at 370cr⏫10% QoQ
OPM at 26% vs 13%
Q1 at 22%
PAT at 206cr vs 53cr⏫290%
Q1 at 196cr
Disclaimer : Educational Analysis and not a recommendation
Long Premier EnergiesAt support Levels
has good future potential.
good sector and good fundamentals.
cmp 1123
sl 1050
target 1350
PREMIERENE bullish above 1205..?? - 6 November. PREMIERENE: Bullish if ~2 month long consolidation range (@1185)is broken on good volumes and sustains.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose....
INTRADAY Trading Strategy in 3 stages of breakouts:
1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove. "High Risk Traders" may have to patiently wait through the Pullback-Consolidation stage to realize profits. High risk:High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage"). "Safe traders" with minimum risk profile wait for a breakout from the consolidation stage to enter into trade , to book high profits in the final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.(another 2-3%)
Both Safe Traders/High Risk Traders book profits at this stage
SWING Trading Strategy:
Position is kept open, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose....
LONG TERM PICKBuy and hold as per your risk
it look strong for next few month
this is my view not any type reccomandation
valuation base target 2350future growth of solar indsrty is too high, and premier energy ltd grow their market in solar industry .
they have good financials or financial growth and good margins for growth.
compeny show's healthy cashflows,healthy debt to equity ratio that is imp for future rapide growth.
competition is big threat for pe ltd, recent news of relaince group show interest of enter in this industry .
economy and goverment policies spport this indutry.
with this type of good signs give confidence for this futuristic investment.
by dcf model we get iv of PE LTD is 2350 comment for next targets
