Voltamp Transformers :
The stock broke out of a stage-three cup-with-handle base on above average volume and is currently trading in the ideal buy zone.
Breakout Zone
Buy Range : 5425-5700
50-Day Avg. Volume: INR 28 crore
Holding Time : 3 Month
Disclosure : I am not SEBI registered.The information provided here is for education purposes only.I will not...
📈 Exciting Bearish Pattern Alert!
📊 Pattern: channel
📌 Symbol/Asset: VOLTAMP
🔍 Description: Near By RESISTANCE
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately
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%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
CMP 2184
Strong QoQ EPS Growth,
Company with zero debt,
Company with zero promotor pledge,
Annual Net profits improving for last 2 years,
Book value per share improving for last 2 years,
Expected Target - 2900+
SL for trade - 1900
# Voltamp Transformer a well run, cash rich, consistently dividend paying company has done an EPS of 110/- for FY21, a growth of > 25% in a pandemic year (89/- in FY-20).
# Cumulatively the company has earned a net profit of 431 crores from FY-17 to FY-21. Over FY-17 EPS the company reported 50% increase in Net profit in FY-21
# A conservative estimation of 50%...
