CannySunny

CannySunny Updated 

Volatility Contraction Pattern has been observed here. Higher High - Higher Low setup MACD is supporting this bullish set up. About 40-42% is up for grabs

CannySunny Updated 

Company has reduced debt. Company is almost debt free. Company is expected to give good quarter. Company has delivered good profit growth of 20.7% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 83.5% Debtor days have improved from 158 to 118 days. Company's working capital requirements have reduced from 153 days to 80.5...

CannySunny

Fine Organic Industries is engaged in and outside India as manufacturers, processors, suppliers, distributors, dealers, importers, exporters of wide range of oleochemical-based additives used in foods, plastics, cosmetics, coatings and other specialty application in various industries. Largest in India and among top 6 global players Fine Organic is the largest...

CannySunny Updated 

A Double bottom in a long consolidation and Price Action indicates that this stock is now ready for the upmove. MACD also is providing the additional confirmation from an indicator.

CannySunny Updated 

Market Cap- 3,613 Cr. Promoter holding 39.4 % Stock P/E 48.4 Industry PE 24.9 ROCE 23.7 % ROE 20.9 % OPM 19 % EBIDT growth 3Years ...

CannySunny Updated 

Market Cap 346 Cr. Face Value 10 Intrinsic Value 613 Piotroski score 8 Debt to equity 0.15 Promoter holding 72.6 % Stock P/E 16.6 Industry PE 44.3 ROCE 10.6 % ROCE3yr avg 9.18 % ROE 6.66 % ROCE3yr avg 9.18 % OPM 8.52 % OPM...

CannySunny

This is a 1 hour chart. (Swing Trade) Seems like the consolidation is over. Expecting a momentum rally here. A good gap up opening is on the cards.

CannySunny Updated 

Forming an Ascending Triangle on 15Mins. RSI looks ripe for a good move.

CannySunny Updated 

Market Cap 1,220 Cr. Free Float Mkt Cap 469 Cr. Promoter holding 61.6 % Dividend Yield 0.75 % Intrinsic Value 512 Stock P/E 14.3 Industry PE 16.8 ROCE 16 % ROCE 3yr avg 13 % ROE 17 % ROE 5Yr 11 % Debt to equity 1.04

CannySunny Updated 

Market Cap 115,614 Cr. Promoter holding 63.2 % Pledged percentage 100 % Stock P/E 63.1 Industry PE 29.3 Dividend Yield 1.09 % ROCE 22.1 % ROE- 11.8 % OPM 13 % Debt to equity ...

CannySunny Updated 

Market Cap 8,746 Cr. Promoter holding 56.1 % Pledged percentage 4.38 % Dividend Yield 0.21 % Debt to equity 1.34 Stock P/E 55.6 Industry PE 22 ROCE 14.3 % ROE 16.1 % OPM 13 % Free Cash Flow 108 Cr. EPS...

CannySunny Updated 

Market Cap 3,315 Cr. Stock P/E 28 Industry P/E 29 Dividend Yield 0.14 % ROCE 40.7 % ROE 45.4 % Face Value 10 Promoter holding 47.3 % Pledged percentage 0.65 % Debt to equity 0.82

CannySunny Updated 

Fundamentally there is nothing encouraging here however, purely on technical basis, this stock seems to be ready for a big move. RSI breakout is an early indication, and the relative strength of the stock seems to be in a very sweet spot. A triple bottom is adding confidence to this Low-Risk High Reward setup.

CannySunny Updated 

This is only for very short term. Purely Technical call. If it sustains above 608 on hourly chart, the targets are very much possible. My strategy : I feel Nifty50 is still bearish (may be another few months) and will looks for quick momentum rally stocks. Low risk with a tight Stoploss and cream out with 5-8% returns quickly. STOPLOSS is the key. Keep it as per...

CannySunny Updated 

Rolex Rings is a leading manufacturer of forged and machined components, one of the top 5 forging companies in India and is also a Global supplier of hot rolled forged, machined bearing rings and automotive components for various segments of vehicles, Industrial Machinery, Wind Turbines and Railways. It derives nearly 54% of its revenue from bearing rings and 38%...

CannySunny Updated 

Back again in this counter because I spotted one of my all-time favorite patterns the Inverted Head and Shoulder Pattern just after a retest to the line of least resistance. Good volumes.

CannySunny Updated 

Travelling in a downward channel since Dec 2022 I'm expecting Nifty50 to take support from this zone. Currently from the support of the channel, i expect it to at least climb the halfway mark.

CannySunny Updated 

Weekly setup is looking good. On the verge of a stiff resistance breakout. A cup in the making. Breakout from a trendline - Retest the next day - Another bullish push from resistance turned support. RSI is also expected to follow the channel range.