Welspun Enterprises Good position for above 139 Stoploss 124 target 148-155-165+++++
Welspun Emprises Cmp 120 stock given break out on weekly chart with volume made good “U” rounding bottom shape buy deep till 105 for 140-175-195 with support 74
Market Cap ₹ 1,780 Cr. Current Price ₹ 120 High / Low ₹ 125 / 33.2 Stock P/E 9.95 Book Value ₹ 108 Dividend Yield 1.67 % ROCE 12.4 % ROE 9.56 % Face Value ₹ 10.0 Industry PE 11.8 Debt to equity 0.98 EPS ₹ 12.0 PEG Ratio 0.41 Promoter holding 50.2 % Pledged percentage 0.00 % Return over 1year 94.2 %, ROE 3Yr 8.06 %, ROE 5Yr 5.00 %
Accumulate b/w 100-112 SL 75 Daily closing basis TGT 195 FOR EDUCATION PURPOSE ONLY
A Breakout Trade in WELENT .... Buy Zone : 105 - 125 Targets : 142 and 165 Stoploss: 95
Disclaimer :- This is not any buy or sell recommendation. This is just my view on this counter. Kindly consult with your financial or investment advisor before investing. Thank You !! There is a breakout generated in WELENT with good volume support. Next Levels as Below :- 1st Resistance :- 140.00 2nd Resistance :- 175.00 3rd Resistance :- 195.00 Support...
Welspun Enterprises after almost 1 year 8 months of consolidation below 200 days weekly moving average. Targets open - 123 - 140 - 170 - 199 - 250
1. WELNET has shown a major BO from 100 levels 2. TGT : 140 ; SL : 93 : CMP : 115 Good Momentum
NSE:WELENT Levels already mentioned.. Look for Swing.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given...
NSE:WELENT Levels already mentioned.. Look for Intraday to Positional.. Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more...
WELENT- daily chart trading in ascending channel pattern and currently stock trading near lower support level and now stock has bounce from support with strong volume and bullish marubozu pattern, now stock can move towards 96.00/104.00 levels in coming days with the help of 78.00 level.
Buying opportunity seen above 91.5 for target of 135 on weekly chart basis. Disclaimer - For educational purpose only.
This is likely to hit a century. A slow mover, some patience is needed.
Short Term Pick: 80/88+ in 2-3 months. Looking at price behaving breakout above 73.50 with confirmation on daily chart looks really good for 80/88+. One can enter around 73.5-74.50 with SL 69. Attractive risk to reward ration and really good time to enter. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult...
WELENT has been rising the past week on account of its dividend issuance. The Ex-Dividend day is on 11-06-2020 i.e Thursday. Prices usually tend to correct themselves on this day. Look to SHORT below 69.6 which is just below a resistance zone. TGT1: 68.65 TGT2: 67.65 NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.