SAFARI Giving Strong Breakout With Volume -expecting strong momentum above 2110 as it already broken trendline
-rsi also about give breakout
-volume also rising slowly
-adx showing momentum
-keep in watchlist
35.95INR
1.25 BINR
12.12 BINR
17.59 M
About SAFARI IND (INDIA) LTD
Sector
Industry
CEO
Sudhir Mohanlal Jatia
Website
Headquarters
Mumbai
Employees (FY)
3.65 K
Founded
1980
ISIN
INE429E01023
FIGI
BBG000CZ3558
Safari Industries (India) Ltd. engages in the manufacture and sale of luggage and luggage accessories. The company was founded by S. H. Mehta in 1980 and is headquartered in Mumbai, India.
SAFARI SWING TRADE IDEASAFARI Is about to give a Breakout.
keep up an eye on this stock in coming days we might get a very good swing trade.
I don't provide any tip or call always plan your trade according you.
I dally make video on swing trade idea.
Thank you.
SAFARI INDUSTRIES - Swing Trade Analysis - 7th April #stocksSAFARI INDUSTRIES (1W TF) - Swing Trade Analysis given on 7th April, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
SAFARI IND Resembles FLAG POLE PATTERNStock has a good flag pole pattern, breakout from the current levels can lead to fresh rally.
The stock also has a strong 1 year forecasts from analysts making it a good option for long term.
Let me know your thoughts in comment section
Possible shortingRetesting trending and rejected more possibility is to go downwards in short period.
Safari Industries Resistance turning into support at 1925-1950 range
Long term- Bullish trend , trending in channel
SAFARISAFARI is showing a Hidden Bullish Divergence on weekly time frame. After 2/1 Split, the stock is showing another rally stance.
NOTE: I'm not a SEBI REG. Study before investing.
SAFARI IND SWING TRADE IDEA STRENGTHS AND OPPORTUNITIES
1. Strong Momentum: Price above short, medium and long term moving averages
2. Strong Annual EPS Growth
3. Good quarterly growth in the recent results
4. Effectively using its capital to generate profit - RoCE improving in last 2 years
5. Effectively using Shareholders
🚀 Don't Miss Out: Safari Industries Hits Bullish Breakout! 📈 #📊 Safari Industries Technical Analysis
📅 Date: 31st January 2024
🔵 Closing Price: ₹2031.90 (↑ 4.6%)
🎯 Technical Indicators:
Fibonacci Level: Closed above critical level (0.5) at ₹2025.75.
50-Day Moving Average: Surpassed 50-DMA at ₹2030.33.
EMA & MA Crossover: Bullish signal with
2nd Entry Loading..📌2nd Entry Loading..
✅Keep an Eye
SAFARI
+ Squeeze near Resistance
+ Trading Around ATH
+ Strong Relative strength
+ Trading above Key EMAs
See all ideas
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Frequently Asked Questions
The current price of SAFARI is 2087.65 INR — it has decreased by 0.68% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SAFARI IND (INDIA) LTD stocks are traded under the ticker SAFARI.
SAFARI IND (INDIA) LTD is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
SAFARI stock is 3.05% volatile and has beta coefficient of 0.12. Check out the list of the most volatile stocks — is SAFARI IND (INDIA) LTD there?
SAFARI earnings for the last quarter are 8.30 INR per share, whereas the estimation was 8.11 INR resulting in a 2.34% surprise. The estimated earnings for the next quarter are 8.80 INR per share. See more details about SAFARI IND (INDIA) LTD earnings.
SAFARI IND (INDIA) LTD revenue for the last quarter amounts to 3.70 B INR despite the estimated figure of 3.69 B INR. In the next quarter revenue is expected to reach 3.75 B INR.
Yes, you can track SAFARI IND (INDIA) LTD financials in yearly and quarterly reports right on TradingView.
SAFARI stock has risen by 3.04% compared to the previous week, the month change is a 18.63% rise, over the last year SAFARI IND (INDIA) LTD has showed a 88.08% increase.
SAFARI net income for the last quarter is 429.20 M INR, while the quarter before that showed 397.60 M INR of net income which accounts for 7.95% change. Track more SAFARI IND (INDIA) LTD financial stats to get the full picture.
Today SAFARI IND (INDIA) LTD has the market capitalization of 102.47 B, it has increased by 2.93% over the last week.
SAFARI IND (INDIA) LTD dividend yield was 0.17% in 2022, and payout ratio reached 6.63%. The year before the numbers were 0.08% and 8.01% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SAFARI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SAFARI IND (INDIA) LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 23, 2024, the company has 3.65 K employees. See our rating of the largest employees — is SAFARI IND (INDIA) LTD on this list?
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SAFARI IND (INDIA) LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SAFARI IND (INDIA) LTD stock shows the strong buy signal. See more of SAFARI IND (INDIA) LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
We've gathered analysts' opinions on SAFARI IND (INDIA) LTD future price: according to them, SAFARI price has a max estimate of 2623.00 INR and a min estimate of 2268.00 INR. Read a more detailed SAFARI IND (INDIA) LTD forecast: see what analysts think of SAFARI IND (INDIA) LTD and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SAFARI IND (INDIA) LTD EBITDA is 2.69 B INR, and current EBITDA margin is 16.54%. See more stats in SAFARI IND (INDIA) LTD financial statements.