stock has given trendline breakout and also formed cup and handle looks very positive
CMP : 285.50 LOOKING ATTRACTIVE TO ME... IT IS ON THE VERGE OF MULTI YEAR TRENDLINE BREAKOUT...SUSTAINABLE BREAKOUT MAY GIVE GOOD UPWARD MOVEMENT IN COMMING DAYS. I m not sebi regt analyst or advisor. Post is only for an educational purpose. Do ur own diligence or check with ur financial advisor before taking any position. U may suffer big loss also.
Looking for close above 360, it will give VCP breakout here.
#This triangle pattern is looking very great and this looks like it's gonna break upwards once the market conditions are settled. #The stock also posted good Q3 numbers. #Don't forget the big wick formed today, just wait for the strong close upwards that sustain at least for 2 DAY candles.
*Va Tech Wabag Ltd.* Rounding Bottom Pattern: Monthly Basis Likely to make Cup & Handle Formation too: Monthly Basis Price / Volume Break-Out & Consolidation. *With Increase in Price, Trail Stop Loss* *Book Profit as per Your Risk Appetite* *Fundamentally Sound Company* Co. in Waste Management - Sector Gaining Traction Last Qrs. / TTM: Sales / Profitability...
LONG Targets are 350, 375, 400 till last high broke out
A multi-bagger stock at strong support of 290 for target 700.
NSE:WABAG Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult...
There is a niche concept of consolidation and breakout going on at the moment. Poised for an upmove from here!! Keep SL as today's low.
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. SL can be kept either below 335 (for risk taking traders) and below 306 (for safe traders) The above analysis is purely for educational...
Wabag has an order book of 10700 crore for 2021, but the Sales growth in last 5 years has been an abysmal 2.5%, promoter holding is 22%, ROE is 8.5%, It is showing profits but not paying dividends...it appears as if there is hardly anything good happening...but today it has broken out of the weekly channel with good volumes...and most importantly it has crossed...
VA tech wabag looks too good to me add more at 170 to 200 range only if it comes Targets could be 810,860 for long-term Forming ABCDPattern and stock is moving in parallelchannel pattern
INVERSE HEAD AND SHOULDER PATTERN . NEXT TGT 320/360
It has secured the 4th Global rank among the top 50 private water companies by London-based Global Water Intelligence group, for providing safe and clean drinking water. The company has become the only Indian entity to figure in the top 25 water treatment players globally. The city-based VA Tech WABAG Ltd had bagged the Global 10th rank in 2017 and sixth in 2019....