Stock Selection Based on ATH/52 Week Stock and Relative strengthHello community
Here I will be talking about the process for picking up the stocks based upon the All Time High (ATH)/52 Week BO Stock and RSI . As this is known to everyone but only few are getting benefited by applying it in real trading. The stock represents strength if it breaks its ATH Level a
Next report date
Report period
Q4 2023
EPS estimate
—
Revenue estimate
—
1.60INR
435.36 MINR
3.02 BINR
117.56 M
About SIGACHI INDUSTRIES LTD
Sector
CEO
Amit Raj Sinha
Headquarters
Hyderabad
Website
Employees (FY)
1.35 K
Founded
1989
ISIN
INE0D0K01022
FIGI
BBG013BNN2R0
Sigachi Industries Ltd. engages in the manufacture and sale of microcrystalline cellulose. Its product is used as an excipient for finished dosages in the pharmaceutical, food, nutraceuticals and cosmetic industries, as a stabilizer, anti-caking agent, fat substitute and emulsifier in food industry and as a fat substitute, thickener and binder in cosmetics. The company was founded on January 11, 1989 and is headquartered in Hyderabad, India.
Investment Idea for Long term InvestorsTrade idea for Long term Investors
High Reward Trade for High Risk Investors
Success rate 80% - 90%
"Realize Full Potential of a Stock by having Patience"
"Stock Market is more about What can happen rather-than what will Happen"
In Markets there is no 100% Guarantee but one can invest in High Proba
Sigachi Industries will be multibagger Buy this gem for 2/3 months, dividend giving and has joint venture with UAE based company for expansion for its pharma products.
target 1 - 76
target 2 - 86
target 3 - 95 and beyond.
Good Q4 results expected.
sigachi long side breakout + all time high + U type retest J type starting. increasing 5 year annually revenue , pretax income, net income. qtrly last 3 qtrs increasing revenue , net income
SIGACHI INDUSTRIES - 2 Years consolidation / IPO Base BreakoutSIGACHI
1) Time Frame - Monthly.
2) The Stock has been in a consolidation / Downtrend since its listing (November, 2021) and has given an IPO base / Previous Life Time High breakout & Closed with strong bullish momentum & Good volume in monthly time frame.
3) Since it is a cup pattern breakout, The
Sigachi - Double Bullish PatternStock has given a flag breakout at 55
Pole Height : 20 points
Sigachi is also creating a rounding bottom breakout above 62 which is its listing price.
Looks a strong candidate to double from here.
Short term trade.
Sigachi break out identified on 03-Jan-24Sigachi break out identified on 03-Jan-24.
The break out is Flag & Pole , while company has solid fundamentals
PE - 45
ROCE- 19.6%
ROE - 17.6%
MCAP - 1950 CR
Debt - 72 CR
Sigachi Industries (IPO Base Breakout)Sigachi Industries is giving IPO base breakouts on the weekly and monthly charts. Closing above 63.40 every week can open gates for 77, 93, and 107 levels. Also, a rounding bottom structure has formed on the weekly and monthly charts.
Disclaimer: I am not a SEBI registered analyst. All the stocks a
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Frequently Asked Questions
The current price of SIGACHI is 67.40 INR — it has decreased by 0.15% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange SIGACHI INDUSTRIES LTD stocks are traded under the ticker SIGACHI.
SIGACHI INDUSTRIES LTD is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
SIGACHI stock is 1.94% volatile and has beta coefficient of 0.84. Check out the list of the most volatile stocks — is SIGACHI INDUSTRIES LTD there?
Yes, you can track SIGACHI INDUSTRIES LTD financials in yearly and quarterly reports right on TradingView.
SIGACHI stock has risen by 4.42% compared to the previous week, the month change is a 11.77% rise, over the last year SIGACHI INDUSTRIES LTD has showed a 174.04% increase.
SIGACHI net income for the last quarter is 161.15 M INR, while the quarter before that showed 151.50 M INR of net income which accounts for 6.37% change. Track more SIGACHI INDUSTRIES LTD financial stats to get the full picture.
Yes, SIGACHI dividends are paid annually. The last dividend per share was 1.00 INR. As of today, Dividend Yield (TTM)% is 0.29%. Tracking SIGACHI INDUSTRIES LTD dividends might help you take more informed decisions.
Like other stocks, SIGACHI 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 SIGACHI INDUSTRIES LTD stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 25, 2024, the company has 1.35 K employees. See our rating of the largest employees — is SIGACHI INDUSTRIES 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 SIGACHI INDUSTRIES 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 SIGACHI INDUSTRIES LTD stock shows the buy signal. See more of SIGACHI INDUSTRIES 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.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SIGACHI INDUSTRIES LTD EBITDA is 724.96 M INR, and current EBITDA margin is 19.71%. See more stats in SIGACHI INDUSTRIES LTD financial statements.