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...
Stock has broken the support Trading below all DMAs - 50 DMA, 200 DMA Be careful!
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
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.
Expected to hit next resistance at 419 (~12% upside) , head & shoulders pattern supporting
See how the pattern has been developed. A close above 370 ( definitely with meaningful volume) can push the stock to 420 levels.
Amrutanjan HealthCare with CMP: 339.60 is looking good from short term perspective. Investors can create a long at 332 levels with SL: 317 for an upside target of Target: 502 Stock has taken support at 61.8 of Fibonnaci and now 3rd Wave has just started.
SL compulsory; if price 438 broken, then short below 438 with sl 460.... ADS for buy side Mowdhi strategy if broken 438 level
Looks like a falling wedge For education purpose only. Will wait for the breakout to enter a position.