- The chart is self-explanatory as always :)
- We may see a long wick candle here. Or we may see a breakdown. I think the former has a higher probability. The Q3 results will decide IMO.
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be...
MD said that inventory de-stocking is over and FY25 will be better than current. Closing above 1750-60 will confirm the trend reversal by breaking lower lows lower highs trend and also give a breakout from falling trend line. Next hurdle will be 2000-2100 levels in medium term.
Vinati Organics Ltd. CMP – 1758.45 (Long Term Investment Idea / Trying to come out of the slump)
Market Capitalization Rs 18,073.7Cr
Red Flags:🟥
High Valuation (P.E. = 44.3)
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit
Improving cash from operations annual
Previous Happy Candles Number...
Vinati Organics should be part of CORE portfolio. The stock usually does 2X 3X moves once the Bull cycle starts...
The stock after multi year consolidation between 1700 to 2100 levels now this stocks looks ready to fly.
In next 18 to 24 months the stock is expected to be above 4000 levels.
The stock is buy on dips...be aggressive buyer near 1860...
Vinati Organics is engaged in manufacturing of speciality organic intermediates and monomers. #1 manufacturer with a global market share of 65% as of FY20. IBB is the raw material for ibuprofen and Vinati is one of the largest global producer of IBB. The current installed capacity is 25,000 MTPA.
#1 manufacturer with a global market share of 65% as of FY20. Its...
NSE:VINATIORGA midcap stock is forming channel pattern for a year.
Pros:
Consistent increase in revenue & profit
Negligible debt
FII & DII increasing stake
74% promotor holding
Consistent dividend payout
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge...
Good Day ,
Hello Traders,
Vinati Organics keeps on falling since the last 6 weeks.Weekly Low's had been made exactly at 1771.
It happened two times in the month of May and June 2022.
Value buying comes around 1771 or if it breaks that as well and goes till 1673 then accumulate for the future as its a good candidate for the future.
With 2 to 3 years horizon...
VINATIORGA NSE is bullish if 2200 holds. Near 52WEEK High. Fresh Breakout. Positive Trend.
Disclaimer: Educational Purpose Only. Not Buy Sell Reco . Not Sebi Registered.
Swing trade, Breakout stock, Banknifty Intraday Outlook also posted here.
Disclaimer - Trades are only for Learning.
StopLoss is only in our hand. So, Always use it. StopLoss hit exit. Again you will got fresh trade.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 3:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Market is bearish, so take positions carefully.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
