A good construction industry stock to add in portfolio,
Good management
Low debt
profit making
High growth
Component of Mukul Agarwal portfolio (nearly 8 percent)
Comfortable valuation.
Company has very good order book , can be a slow mover if they are able to execute their orders should so well , fundamental buy at 230 sl 195
another ace investor increased his stake from 1.5 to 8 % can be a positive as funds needed
for execution of large order books becomes somewhat possible now
Entry CMP
Stop loss 🛑 203
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring...
CAPACITE INFRAPROJECTS (1D)
CMP 233.30
Already covered at 230.80
Stock price was in range after breakout price has retested breakout Zone
Market Cap - 1716 Crore
Order book 10000 Crore
Capex 1300 Crore
breatout after retracement at 186 in weekly chart
took support on daily and weekly chart and start upward journey
tgt 1 226
tgt 2 276
SL weekly closing below falling trendline or a bigger SL below 162 wcb
CAPACITE INFRA (1D)
CMP 230.80
Breakout done Retest Done
Ready for upmove
Market cap 1,696.21 cr
PE 17.82
Industry PE 67.79
FII Doubled stake from 6.52% (Q4 2022) to 12.31% (Q1 2023)
Capacite Infra:
Looks good to break the important level at 207 with more volumes coming in this week.
Expected to give a decent run once it crosses 207
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
Please consider these ideas for educational purpose
Comment below if you are looking for any answers.
Chart Analysis shows a very bullish trend and a buy signal for Capacite Infraprojects.
Short term target: 264, Stop Loss: 225
Long term target - 320
Please leave your comments below about my stock analysis as feedback.
