SwingStock given multiyear breakout then then retested its breakout level now giving strong reversal
Market Cap:- 1822cr
PE RATIO:- 56
PRICE TO BOOK :-5.1
Setup:- BO+retest+Reversl
−7.01 INR
−418.30 M INR
3.02 B INR
35.82 M
About WALCHANDNAGAR INDUSTRIES
Sector
Industry
CEO
Chirag Chakor Doshi
Website
Headquarters
Pune
Founded
1908
ISIN
INE711A01022
FIGI
BBG000D22MG2
Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment involves in the engineering, fabrication, and manufacturing of machinery for sugar plants, cement plants, boilers and power plants, industrial and marine gears, mineral processing and EPC, petro-chemicals, and space, defense, and nuclear power business. The Foundry and Machine Shop segment manufactures grey and ductile iron castings required by various industries and machining of components. The Other segment includes units manufacturing precision instruments such as pressure and temperature gauges. The company was founded by Walchand Hirachand Doshi on November 25, 1908 and is headquartered in Pune, India.
WALCHANNAG Looks Good ABOVE 303 (Breakout Candidate)Date : 03-07-2024
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BO RESEARCH TO OBSERVE
WALCHANNAG Looks Good ABOVE 303
SL 135
Target 378, 453, 528, 678
Hold few Months / 1 Year
Please consult your financial advisor before investing
All research for educational purposes only.
Walchannag - Darva's Box This stock is a perfect example of Drava's box pattern. Darvas box pattern breakout with Marubozo candle. Targets are marked on chart for 2X
BTST monday 1julyBTST as pullback after a trendline b\out.but previous long trend is very choppy, quick move and out on BTST carefully
WALCHAND NAGAR IND | Multi Year Triangle Breakout.NSE:WALCHANNAG
Walchandnagar Industries Ltd. engages in the manufacture of engineering products. It operates through the following segments: Heavy Engineering, Foundry and Machine Shop, and Others. The Heavy Engineering segment engages in the engineering, fabrication, and manufacturing of machine
WALCHANNAG Getting for bullish breakoutWALCHANNAG Getting for bullish breakout
can look for tp of 127-129
BREAKOUT, WALCHANDNAGAR, 150% RETURNSBUY - WALCHANDNAGAR INDS
CMP - Rs. 101
Target - 1: Rs. 146
Target - 2: Rs. 197
Target - 3: Rs. 256
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Timeframe - 5 months - 1.5 years
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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Swing Trade hold 2-3 days Book 7%Bullish Three Line Setup
Book profits within the first 30 minutes of the market opening
- Try to exit by taking 10% profit of each trade
- SL can be taken when the 5/15 min candle closes below 44EMA
Now, why do I prefer swing trades? The primary reason is that I have observed that 90% of the stoc
Symmetrical Triangle BO- Symmetrical Triangle BO
- Validated with volume
- Above key EMAs
- Bullish RSI
Potential Breakout - add to watchlistmore than 3 rejections on the downward trendline
probably breakout if nifty supports
entry - once daily candle closes above trendline (70.75)
sl - 25-30% since its a weekly breakout
target - Im expecting a big target (200%+)
might be a long term pick
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of WALCHANNAG is 232.10 INR — it has decreased by −4.37% in the past 24 hours. Watch WALCHANDNAGAR INDUSTRIES stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange WALCHANDNAGAR INDUSTRIES stocks are traded under the ticker WALCHANNAG.
WALCHANNAG stock has fallen by −16.24% compared to the previous week, the month change is a −20.69% fall, over the last year WALCHANDNAGAR INDUSTRIES has showed a 19.03% increase.
WALCHANNAG reached its all-time high on Nov 7, 2007 with the price of 1,205.78 INR, and its all-time low was 2.62 INR and was reached on Mar 31, 2003. View more price dynamics on WALCHANNAG chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
WALCHANNAG stock is 8.57% volatile and has beta coefficient of 1.89. Track WALCHANDNAGAR INDUSTRIES stock price on the chart and check out the list of the most volatile stocks — is WALCHANDNAGAR INDUSTRIES there?
Today WALCHANDNAGAR INDUSTRIES has the market capitalization of 13.58 B, it has decreased by −7.42% over the last week.
Yes, you can track WALCHANDNAGAR INDUSTRIES financials in yearly and quarterly reports right on TradingView.
WALCHANNAG net income for the last quarter is −110.30 M INR, while the quarter before that showed −17.30 M INR of net income which accounts for −537.57% change. Track more WALCHANDNAGAR INDUSTRIES financial stats to get the full picture.
No, WALCHANNAG doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Nov 21, 2024, the company has 1.51 K employees. See our rating of the largest employees — is WALCHANDNAGAR INDUSTRIES on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. WALCHANDNAGAR INDUSTRIES EBITDA is −216.30 M INR, and current EBITDA margin is 1.50%. See more stats in WALCHANDNAGAR INDUSTRIES financial statements.
Like other stocks, WALCHANNAG 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 WALCHANDNAGAR INDUSTRIES stock right from TradingView charts — choose your broker and connect to your account.
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 WALCHANDNAGAR INDUSTRIES technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating WALCHANDNAGAR INDUSTRIES stock shows the buy signal. See more of WALCHANDNAGAR INDUSTRIES 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.