Analysts have issued favorable forecasts for its price, revenue, and earnings per share. Additionally, the company's financials exhibit attractiveness. Despite the presence of other formidable competitors in the market, there is ample room for growth for all players.
Promoters hold a significant 67.55% of the company's shares, while Mutual Funds currently have no...
Sirca paints result has come very very attractive as usual. Chart also looking very attractive. We have seen multiple supports in the range of 275-305, and the recently price again has taken support in this range only and made a W kind of a pattern, both bottoms i have marked on chart. Price and action suggest a huge move in coming days. Might be tomorrow only we...
BUY - SIRCA PAINT INDIA LTD
CMP - Rs. 343
Target - 1: Rs. 400
Target - 2: Rs. 465
Target - 3: Rs. 535
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Technicals - Bullish Pennant BO
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This is just a view by an expert analyst, please invest at your own risk.
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SIRCA - as per analysis found that the stock has taken the support and formed a double bottom pattern and broke out on weekly chart.
You can plan the trade as per your risk appetite now.
Please comment with your analysis/opinion if any. I'm a stock market learner not a SEBI certified broker advisor
A specialty wood paint company which doesn't have much competition in India.
Nice little consolidation at the highest level..it could breakout from here.
Long above 658 with stoploss below 630.
Stock Name - Sirca Paints India Ltd
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 650
#This is not Buy and Sell recommendation to any one. This is for...
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 Amount/(Buy Price-Initial Stop Loss Price)
4. Sell on RSI close below 30 (or use any other method of your liking)
5. Some other ways to sell stocks can be
a. 25% or 50% up in three weeks or less
b. Weekly tailing tops with high...
SIRCA has given the cup and handle pattern breakout with excellent volume.
Entry : 570-580
Target - 700-750
Stoploss - 515
Sorry I couldn't post this yesterday.
Thank you
One of those companies which doesn't have much manufacturer competition in India (I think).
They produce paints for woods which they used to earlier import.
Long at current price with a 553 stoploss.. the stock has broken out of a downward sloping trendline..
If it gets continuation could give good returns.
Sirca is super bullish. Price making VCP pattern on daily chart. Also making a three week very tight closing indicate selleres are tired and its time to range expansion.
