Excel IndustriesLooks Good on weekly Time frame
Target and SL on charts,
* For education and backtesting Purpose only.
EXCELINDUS trade ideas
EXCELINDUSNSE:EXCELINDUS
Good above 1018
Long term buyer can can on cmp
Rsi >70
chart is showing for fresh upward movement
Excel Industries- Potential to become excellent turnaround storyExcel Industries Ltd. CMP – 902.55
Market Capitalization Rs 1,134.6Cr
Red Flags:🟥
High Valuation (P.E. = 39.8)
Declining annual net profit
FIIs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
Improving cash from operations annual
Dividend Yield @CMP = 1.33%
Happy Candles Number – 54/100
X/2 Fresh Entry/ averaging / compounding after closing above 906
Final Entry 943
Targets: 975
Long term target: 1019
Stop loss: Closing below 823
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
Monthly chart excel industries long term support.Excel Industries is in long term support. It is close to 760 level. Can accumulate slowly with a target of next 2,3 year. It will cross it's previous ATH. START with staggered way of 20% now and next 5 tranches.
Excel industries likely ready for a big upmoveAfter long consolidation, a bullish falg formation and closer to major moving averages makes its low risk recomdation for estimated returns of nearly 10-15% in short span. Best suggestive accumulation zone is near 850-60. Can go upto 1057-1194 in next 2qtrs.
EXCEL INDUSTRIES (W)EXCEL INDUSTRIES (W)
- Price has taken support at Reversal zone
- "W" Pattern Formation at support
R1: 1270-1290
#BREAKOUTSTOCKS
EXCELINDUS Swing Trade SetupThis will be my personal trade Setup, This is not an advice of any kind to initiate trade according to this setup. This is for only for my learning purpose and maintaining my trading journal.
Price is in uptrend reversed from Trendline.
Also price broke from box with with volume.
CMP: 982
Nearby Support: 802
Nearby Resistance: 1120, 1161.
Long setup Excel IndustriesFundamentals are improving with highest quarterly sales. Available at fair value. May reach all time high. Stop loss 1100.
Disclaimer: The stock/index/currency discussed do not constitute Investment/trading advise and is merely an effort towards enhancing learning, knowledge and book keeping. Kindly do your own due diligence and/or consult investment advisor before making any investment/trading decisions
Excel industries - Long tradeBullish RSI divergence on daily chart, breakout from last top above 1162. Go long at CMP with a stop loss of 1109. Potential target for this trade is 1300.
Excel Inds Vs Fine Organics- Valuation MattersBoth are in DETC spec chem but the valuation of Excel are at steep discount compared to Fine Org. But catching up slowly.
Excel IndustriesCup and Handle Breakout
above 1021
we can see 1120 levels , SL 903 if the rally continues
Above 1137 sl 961 then targets can 1215 -1220-1250
excelindusbroken out of weekly resistance with good volume. Also formed inverse HNS pattern on weekly . Good consolidation for about 6 months.All the important support and resistance have been marked on chart
Stock Can blast - Successfully Breakout and Retest LONGPrice is at a retest of the breakout
960-980 Will act as a major support
Wait for price to show strength
Target 1300/1600/1900
Please comment Your View
Break-out at current levelStatistical Brief
Market Cap₹ 1,141 Cr.
High / Low₹ 1,024 / 535
Current Price₹ 908
ROE13.7 %
ROCE16.6 %
Debt to equity0.01
Return over 1year31.0 %
Return on assets13.1 %
Free Cash Flow₹ 44.5 Cr.
Sector Trend Positive on Weekly Chart
Stock Trend Positive on Weekly Chart
T1- 1200, T2 1400
EXCEL INDUSTRIES - Chart Study - Bullish ViewThis analysis is purely based on price action and chart pattern.
Analysis is done on daily TF hence it may take several days to couple of weeks to reach its target. Traders can also take advantage of this analysis in intraday trades.
Analysis & Strategy along with logic is explained in image itself.
Pls keep in mind that Proper breakout is yet to occur as per theoretical chart pattern.
Always plan your trade & trade your plan
Keep trailing SL accordingly once entered into the trade.
This analysis is purely for education purpose. Kindly do your own study before entering into any trade .
Feel Free to comment for any suggestion or query about chart study / price action analysis.
Excel Industries Beautiful volume led BO - 785 above longExcel Industries Beautiful volume led BO - 785 above long
After long time very critical resistance zones.
BO above these levels will take stock to 913, then 1000+ in next 3 months
