SHARDA CROPCHEMStock looks good at the current levels for swing action. Good volume and price action seen. Check chart for target.
SHARDACROP trade ideas
Sharada crop chemStock is trading near breakout level at 514 with good volume from past two days stoploss would be 506 and target can be 590, 700
Low risk High reward setup in ShardaCrop!!!Entry CMP
Target 1:5
SL 463
This trade has the potential to give higher reward
Need to hold on consolidating phase
SHARDA CROPCHEM> SHARDA CROPCHEM
> Keep an eye on this stock
> At good demand zone
> Good fundamentals
SHARDA CROP CHEM - DAY CHART - 02.11.22 - BAHAVAN CAPITALSHARDA CROP CHEM as per day chart analysis Above 426 Target 444.
Happy Profitable Trading to All...
Sharda Cropchem: Interesting setup for a potential upmoveAfter breaching the 5 year high of 570, we can see a base upon base formation, marked as base 1 and base 2.
750 is an important zone, we can see good price move upwards once this level is crossed convincingly.
Immediate support level is 674, below which, the level of 570 will act as good support zone.
Important: Not a buy/sell recommendation. Always keep a strict stop loss.
LONG SHOOT SETUP CAN BE SEENin tf+1 (1d)----
a long uptrand can seen
(a fundamentally strong mid-cap)
with rising a.o and macd
in tf(75min)
stock is short term @oversold level
lean is rising
and in volatility
average true price is bellow 1 standard deviation
Sharda Chropchem Ichimoku Breakout Stock Name -Sharda Cropchem. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo
is super bullish and chikou span is slanting upwards. All these parameters are showing bullishness.
More strength will be visible once it will sustain above 766. Worth to keep in watch list for coming days.
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Rule Based Investing
# Ichimoku Cloud
# Ichimoku Followers
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#SHARDACROP - POTENTIAL BO#SHARDACROP - POTENTIAL BO
CMP : 707.60
Disclaimer : We are not Sebi registered analyst or Authorized analyst
The charts / Levels / Price projections are only for educational purpose.
This is our personal view, Pls consult your financial advisor before taking decision - Buy / Sell
We will be not responsible for your profit and Loss
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SHARDACROPCHEM ANALYSISTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
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SHARDACROP Long1. Breakout from 2 months base.
2. Retest done.
3. Near trendline breakout.
4. 50 EMA support.
5. Inverse H&S can form near trendline if price holds this level for next 2-3 days.
Buy above 737
With S.L. of 707
Targets :- 800/830/850
Sharda cropchem Sharda cropchem looks good ..in last 2 week nifty corrected around 8.5% smallcap by 16% but this stock is outperforming the market .. CMP: 645 sl: 500(wcb) target: 785/950/1100
Note: educational post
Sharda Cropchem taking support 1. Buy or Sell at your own risk
2. Don't risk more than 1%-2% of your capital as stop loss
3. Position Size formula:- Stop Loss/(Buy Price-Initial Stop Loss Price)
4. First sell on initial stop loss hit or close below supertrend
After a quarterly sales growth of 78% and quarterly profit growth of 111%, NSE:SHARDACROP gave a big volume breakout and came down with the market crash. It's now taking support near its previous resistance. If the bounce back continues it will be a good buy with a stop just below Rs.500.
Other fundamentals: -
1. Last 3, 5, 7 and 10 year average ROE greater than 15%
2. 10 year CAGR sales growth of 18% and CAGR profit growth of 20%
3. TTM sales growth of 48% and profit growth of 29%
4. Debt to equity at 0.02, Interest coverage at 183%
5. PE of 16 is less than 10 year average PE of 18
6. Rise in registrations; strong pipeline: -
Globally the company continues to focus on identifying generic molecules going off-patent and seeking registrations, strengthening its range of formulations and generic active ingredients across Europe, NAFTA, LATAM and the Rest of the World.
The company is not looking for innovative products as it requires capital, time and resources primarily towards R&D. Being a generics agrochemical company, Sharda is able to proceed directly with the preparation of dossiers and seeking registrations after identifying opportunities in generic (offpatent) molecules and corresponding formulations and generic active ingredients.
On 30th Sep’21, it owned more than 2,324 registrations for formulations (89%) and 286 for generic active ingredients (11%) across Europe, NAFTA,
Latin America and the RoW. Besides, it has filed 1,054 applications for registrations.
7. Unique business model: -
Its unusual business model in crop protection involves identifying off-patent generic molecules (or those soon going off patent), applying for and
registering them in markets where demand is strong. During the identification process, it assesses margins, local competition and demand,
then begins the processes for registration. It has consultants who identify particular molecules and formulations. It does not manufactures any molecules. Formulations are procured primarily from China and India.
8. Intangible asset growth: -
Since Mar' 15 intangible assets increased continuously from 0 to 688.
Looking good, isnot it?? Keep on radar!Not SEBI registered. Charts produced are for personal reference only and not any recommendations.
Cup and Handle Pattern In Shardacrop Daily ChartAll time high is 673 and Today its breaking its all time, also we can see Cup and handle pattern in SHARDCROP'S daily chart frame. Pattern target is 1190 and fundamentally company is good. Do your own analysis before investing.
SHARDA CROPCHEM : RANGE BO Range Breakout with good volume
TGT - 675 & 725+(Positional)
SL - 525
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
VCP PATTERN BUY IN SHARDACROP.#Weeklyresearch
#Shardacrop stock after getting runup 123% in 6 weeks went for consolidation and now looks ready to rock.
EPS Strength rating 86
Price Strength rating 84
Super Duper!!!
Sharda cropchem Sharda cropchem. CMP:622 sl: 520(wcb) target: pattern target is 1000
Note: educational post
SHARDA CORPCHEM GOOD FOR 950+ SHARDA CORPCHEM
CMP 630
TGT 950+
SL 540
Risk Reward (RR) - 1:3.7
Potential Returns : 51%
Potential Loss: 14%
Time Frame: 4 to 6 Months
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalSHARDA CORP
Recently Stock shown some good move and then Consolidating in a range from feb
Volume almost dried up during consolidation.
Also took support from 50DMA
Now After Range breakout on chart above 585 levels again price retracing
Could be a good bet to buy for targets of minimum 660
Keep watch list for Intraday also, use 5min chart for Target and Sl levels based on support and resistance
Also Stock can be hold for midterm to longterm also
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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