Chart looks weak - HOLD Fundamentally good stock Market Cap ₹ 1,732 Cr. Current Price ₹ 592 High / Low ₹ 775 / 553 Stock P/E 40.1 Book Value ₹ 99.5 Dividend Yield 0.77 % ROCE 19.3 % ROE 14.3 % Face Value ₹ 1.00 Promoter holding 50.6 % EPS last year ₹ 13.6 EPS latest quarter ₹ 2.40 Debt ₹ 0.91 Cr. Pledged percentage 0.00 % Net CF ₹ 2.72...
Reason for long a) channel breakout with volume and price burst: enter only after retracement b) most indicators are long qqe, renko, rainbow, super trend, and POC c) SL compulsory
Reason for long a) w formation development b) double bottom SL compulsory
Stock has broken the support Trading below all DMAs - 50 DMA, 200 DMA Be careful!
Reason for long a) Wedge play b) Vwap play SL compulsory monthly breakout possible
Stock is at excellent confluence support of channel, trend lines and fibo
A beautiful triangle pattern in the making. it is not a trading call. wait for the price reaction at the support line
entry 805 qty 8 SL 780 risk 200rs price broke daily trendline also coming out of very tight consolidation
Amrutanjan - congestion zone updated & sup zone updated pl check chart for educational purpose only
Stocks fundamentally good,,,gives brkout,,comes to retest
Beautiful Example of perfect Flag pattern in Amrutanjan Health.Given Exact rally to th point of flag length
Amrutanjan, after going trough a long time consolidation, a flag breakout can be expected on monday with the given targets.
AMRUTANJAN good consolidation breakout cmp 735 stop loss 675 closing basis
Go long with tiny SL Should revert to at least 50% of previous high.
earlier base candle at 384 to 400 provides good jump. Hence there is a probability of rise from these levels as well. SL compulsory