Som Dist & Brew Ltd - LongCup and Handle in Progression in Monthly Charts
Entry above 147-150
T1 - 212
T2- 265
Others
Annual Revenue rose 26%, in the last year to Rs 365.5 Crores. Its sector's average revenue growth for the last fiscal year was 17%.
Annual Net Profit rose 74.2% in the last year to Rs 9.8 Crores. Its sector's average net profit growth for the last fiscal year was 21.3%.
Promoter Share Holding increased by 2.3% in the most recent quarter to 32.7%.
FII/FPI have increased holdings from 1.18% to 1.64% in Dec 2022 qtr.
SDBL trade ideas
BUY TODAY SELL TOMORROW for 5% 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 and the rest of the time they either consolidate or fall
Trendline Breakout in SDBL
BUY TODAY SELL TOMORROW for 5%
Som Dist - Pullback A stock which has been showing good strength in an otherwise yo-yo market.
The management is super bullish as their expansion just completed in peak season.
They are guiding of 1000cr+ turnover for the new year which is a large jump vs the previous FY.
IF the stock pulls back to 161/162 and bounces from there it'd make for an interesting buy with a stoploss below 150.
SDBL -bearish harmonic- weeklySpotted bearish harmonic weekly in SDBL
Cmp 170
can come down to 150
pattern fails above 176
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Inspired by - Trading Mirror telugu
SDBL - Ichimoku Bullish Breakout Stock Name - Som Distilleries & Breweries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 173
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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When all news is good news for a stockAs per the wave personality theory, the best news about a stock comes during 5th wave of some degree.
The scrip has been in news lately for various good reasons and every analyst / news channel is covering the same.
However, technically
- We may be in the 5th wave of rise from Nov 2020 lows of 22/- as marked - On weekly scale, the 5th is almost complete unless it decides to extend by way of sub-divisions
- Price is developing negative divergence with momentum indicator
What next - in our view
- Time to tighten SL.
- There is no harm in taking some profits off the table if monthly closing (although its just mid of the month and closing is still far away) is a red bar.
Let's see how this develops.
Disclaimer - These are our personal views and in no way a Buy or Sell recommendation. Any trade or investment decision if you wish to take, please do after consulting your financial advisor.
SDBL - Ichimoku Bullish Breakout Stock Name - Som Distilleries & Breweries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 156
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SDBL - Ichimoku Bullish Breakout Stock Name - Som Distilleries & Breweries Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 136
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
Buy Today, Sell Tomorrow: SDBLDON'T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:00 pm every day
- Book profits within the first 30 minutes of the market opening
- Try to exit by taking 5-7% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
- SL can also be maintained as 3% or closing below the low of the breakout candle
The levels mentioned on the chart are calculated using the BREAKOUT INDICATOR
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 and the rest of the time they either consolidate or fall
Rising Wedge Breakout in SDBL
Buy Today, Sell Tomorrow: SDBL
Som Distilleries & Breweries LTD- Multiple Indicators + Risky 📊 Script: SDBL (SOM DISTILLERIES & BREWERIES LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500
📊 Sector: Fast Moving Consumer Goods
📊 Industry: Breweries & Distilleries
Key highlights: 💡⚡
This stock pick is according to my study. I have use few indicator that is
BOLLINGER BAND
MACD
RSI
DOUBLE MOVING AVERAGE
VOLUME
📈 Script is trading at upper band of Bollinger Bands (BB) and giving breakout of it.
📈 Crossover in MACD .
📈 Already Crossover in Double Moving Averages.
📈 Current RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 110
🟢 Target 🎯🏆 - 118
⚠️ Stoploss ☠️🚫 - 106
⚠️ Risk Hai Toh Ishq Hai
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat🔁
Happy Navaratri 🕉️ 💃🏻🕺🏻
Happy learning with trading. Cheers!🥂
Som Distilleries [SDBL] Bullish Som Distilleries & Breweries Limited / Mkt Cap ₹ 368 Cr.
One can consider to add in their Long term Portfolio if gets opportunity at 40-45.
Stock has a strong Support at range of 35-40.
SL 35
Cons:
1.Company is still Loss making.
2.Weak Financials.
3.Low Promoter Holding.
Pros:
1.Promoters Holding Increase from 24.48 % to 28.14 %.
2.Improvement in Balance Sheet YoY.
(Rs in Lacs) DEC20 DEC21
TOTAL REVENUE 15088 16922
TOTAL EXPENSE 17187 18139
PAT -2341 -1216
EPS -3.60 -1.87
Further Improvement in Balance Sheet may Turnaround the Stock for Coming Years ahead.
falling wedge pattern breakout buy!SDBL : CMP 45.95
trade set up :
buy above breakout 46
keeping stop loss as 35
on closing basis
for targets :
54 / 58/ 66/ 72 /77 / 86++
technical set up :
1. falling wedge breakout trade
2. volume increase at breakout
3. value buy
4. multiple time frame analysis
5. support & demand zone
