ALLCARGO // Likely reversal www.tradingview.com
ALLCARGO : Likely to be reversal. Keeping a SL at 59, one can target for 80.
ALLCARGO
Risky + Doble Digit - ALLCARGO📊 Script: ALLCARGO
📊 Sector: Logistics
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script is trading at upper band of BB and giving breakout if it.
📈 MACD is giving crossover .
📈 Right now RSI is around 63.
📈 Price increasing along with volume which indicate Volume Breakout.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 85
🟢 Target 🎯🏆 - 92
⚠️ Stoploss ☠️🚫 - 81
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Allcargo Breaking Out With VolumeAfter a Good Consolidation, allcargo looks ready for another upmove
Allcargo Logistics analysisALLCARGO LOGISTICS
9EMA - 454.95
20EMA - 438.80
50EMA - 409.60
100EMA - 379.3
200EMA - 344.2
Good ROE(Last 5yrs) - 14%+
EPS has grown from a range of 6 to 42(current)
Strong cash flow
Strong ROCE(26) over the past 5yrs(15)
Improved Book value(148cr) compared to 5yrs back(80cr)
Zero pledged percentage
Recently created a new 52nd week high
Stock P/E(11) vs Industry P/E(25)
This Stocks benefits from lower Crude Oil prices
An undervalued stock which has great potential to grow
Technically Strong Stock
RSI showing strength
Continuation of good volumes for this stock could end up with a new HIGH
Recommended for a buy at CMP or on dips for a target of 490+ with a stop loss of below 455
ALLCARGONSE:ALLCARGO
WAIT in case of Huge GAP UP !
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
Trend is still strong!💪Chart -> Allcargo Logistics Daily
An ascending triangle breakout with volume at an all-time high confirms the trend is still strong!
CMP: 453
Targets: 490, 510, 530
SL: 410 Daily close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
ALLCARGO LOGISTICSALLCARGO LOGISTICS
ALLCARGO LOGISTICS is forming a good pattern, there is a good accumulation happening at current levels.
ALLCARGO LOGISTICS is Symmetrical chart pattern breakout wait for entry about of confirmation candle.
This channel is for only educational purpose. Any Profit/loss, I am not responsible.
Sector: Transportation
Industry: Marine Shipping
Allcargo view: Resistance trendline breakoutAllcargo view for intraday 30th Sept
Resistance trendline breakout expecation.
Follow strict risk reward and stop loss for getting good profit...
Consider it for educational purposes...Analysis from your end before trade...
Allcargo - Trade The FlagOur First stock in Trade The Flag - Allcargo
Allcargo Logistics is a leading multinational Company engaged in providing integrated logistics solutions and offers specialized logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations and project and engineering solutions.
The company has a healthy dividend payout record.
Net profit has increased to the tune of approximately 239% over last financial year.
As compared to sales ending in Q1, sales increased by 1529 in Q2 and with improving conditions post covid-19 scenario:
Expected revenue growth of 33.53% for next year
Expected earnings growth of 54.32% for next year
Hopefully with another stellar performance in the coming half of the year we can see the price rising to 500 levels.
The price has already made an all time high and since has been moving in a sideways zone a break out above suggested levels would definitely take the price soaring high.
