ester industrieslooking good above resistance of 180/190 closing basis could catch fire above psychological level of 200
ESTER trade ideas
Darvas Box Startegy - Breakout StockDisclaimer: I am Not SEBI Registered adviser, please take advise from your financial adviser before investing in any stocks. Idea here shared is for education purpose only.
Stock has given break out. Buy above high. Keep this stock in watch list.
Buy above the High and do not forget to keep stop loss, best suitable for swing trading.
Target and Stop loss Shown on Chart. Risk to Reward Ratio/ Target Ratio 1:1 & 1:2.
Stop loss can be Trail when it make new box.
Be Discipline, because discipline is the key to Success in Stock Market.
Trade what you See Not what you Think.
Ester indStock moving in a Bullish channel, cn keep on radar . Above horizontal ray can gv good move!
ESTER possibility to reverse from this support level target 15%
ester expecting a 15% up from this level
and 8% SL
ESTER NSE:ESTER
Rsi >60
Macd Buy
moving average in buy
Ma cross 50/20/10
Increasing volume
Not a long trade it is completely risky based on technical so book or trail SL.
ESTER - smallcap SIP bet*Educational purpose*
- Excellent balance sheet, profit growth
- Despite multiple breakdowns in the index and overall markets, ESTER sustained above its support level
- Volumes in pullback are also significant
- Rather than putting money at lumpsum, prefer a staggered investment strategy.
Buy near support range (Blue color)
Ester Industries Ltd*Ester Industries Ltd.*
Pole & Flat Formation: Monthly Basis
Volume Accumulation & Consolidation
Multiple Resistance Levels To be Watched
*With Increase in Price, Trail Stop Loss*
*Book Profit as per Your Risk Appetite*
*Fundamentally Sound & Improving*
Operates in the high-growth flexible plastic packaging, engineering
plastic, and high-end speciality polymer spaces.
Revenue Increasing - Qtrly (6) / Yrly Basis. Profitability growth marginal (stable). +ve Op. Cash Flow. Moderately Leverage & Improving. Satisfactory C&CE. Improving ROE / ROA / ROCE / EBITD / PBT since FY17. Capex ongoing for Capacity Increase. Dividend Paying Co.
*Do Your Own Research as Well. This is Just an Opinion.*
Your Opinion may Differ and is Respected.
Happy Investing :)
Short term investmentShort term investment idea for a month and half holding period. Undervalued stock, can also be considered to keep in your portfolio for a longer duration too.
ESTER - Excellent structure. Beautiful Price action structure.
The stock has a tendency to take deeper retracements post BO.
Watch how much volume is generated while the stock is near 50 EMA.
Poised for an up move
Bullish on Ester Industries (Daily)
- Took support on previous resistance sign of bullishness
- on a upward trendline
- Volume buildup
ESTER IND CMP 125Chart is looking very bullish, short term as well as long term there are multiple breakouts on several indictors. It can get double from here
Target: 300+
Time Frame : 1 Year.
Ester Industries BO above 50Long target open on weekly Chart BO above 50 Sl 34 Triple Bottom
- Promoter's stake has increased
- Company has been maintaining a healthy dividend payout of 18.62%
