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MAITHAN ALLOYS LTDMAITHAN ALLOYS LTDMAITHAN ALLOYS LTD

MAITHAN ALLOYS LTD

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MAITHANALL trade ideas

MAITHANALL - Maithan Alloys - Bullish Momentum (Strongly Buy)Technical Analysis of MAITHANALL:- As per previous chart history and current chart pattern is in, Maithan Alloys is in uptrend and showing Strong Bullish Momentum. Also this is trading in a Symmetrical Triangle You can Buy this stock at above 1245.75 or wait for a dip to enter in the buy trade for this stock. This is my personal opinion and please do your own research because I am not SEBI registered person Overall Positive Trend: - According to my analysis, the technical ratings for MAITHANALL are currently strong buy on a 1 week and 1 month timeframe Relative Strength Index (RSI): - Indicates the stock may be neither overbought nor oversold Important Disclaimer: Technical analysis is not a perfect science and should not be the sole factor in your investment decisions. Consider fundamental analysis, market conditions, and your own risk tolerance before making any trades. Thanks for your support as always
NSE:MAITHANALLLong
by ForexTrader4all
1
Maithan can make smart movesMaithan Alloys Ltd. manufactures and exports manganese alloys. Its products include Ferro silicon, Ferro manganese, and silicon manganese. The firm also generates and supplies wind power. Maithan Alloys Ltd CMP is 1212.15. The positive aspects of the company are Company with Low Debt, Company with Zero Promoter Pledge, MFs increased their shareholding last quarter, Companies with 10% increase in share price over three months, with rising net profit growth and Companies with rising net profit margins. The Negative aspects of the company are Inefficient use of capital to generate profits, Degrowth in Revenue and Profit, Declining Net Cash Flow : Companies not able to generate net cash and Annual net profit declining. Entry can be taken after closing above 1223. Targets in the stock will be 1267 and 1307. The long-term target in the stock will be 1351. Stop loss in the stock should be maintained at Closing below 1126. 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.
NSE:MAITHANALLLong
by Happy_Candles_Investment
Maithan Alloys LtdTARGET GIVEN IN CHART STOPLOSS = BOOKVALUE FUNDAMENTALS Market Cap ₹ 3,464 Cr. Current Price ₹ 1,190 High / Low ₹ 1,336 / 766 Stock P/E 11.8 Book Value ₹ 999 Dividend Yield 0.51 % ROCE 25.6 % ROE 20.0 % Face Value ₹ 10.0 Promoter holding 75.0 % EPS last year ₹ 171 EPS latest quarter ₹ 21.3 Debt ₹ 13.7 Cr. Pledged percentage 0.00 % Net CF ₹ 1.13 Cr. Price to Cash Flow 3.58 Free Cash Flow ₹ 962 Cr. Debt to equity 0.00 OPM last year 20.4 % OPM 5Year 22.3 % Reserves ₹ 2,880 Cr. Price to book value 1.17 Int Coverage 191 PEG Ratio 1.00 Price to Sales 1.68 Return on assets 17.4 %
NSE:MAITHANALLLong
by madhu2811
1
MAITHANALL: A Bullish Symmetric Triangle Pattern on the Cards?Introduction: MAITHANALL, a stock listed on the National Stock Exchange (NSE), has been making waves in the market with its impressive price action. The stock has been trending upwards, with a clear support and resistance trend line drawn from the weekly timeframe. This trend line has been perfectly supported by the price, and it has formed a symmetric triangle pattern - a bullish sign that could indicate a potential breakout ahead. Symmetric Triangle Pattern: A symmetric triangle pattern is a bullish pattern that forms when the price action is confined within a narrow range, with a clear support and resistance trend line. The pattern is considered bullish because it indicates that the buyers and sellers are equally matched, and the stock is likely to break out of the range soon. In the case of MAITHANALL, the stock has been trading within a well-defined range for the past few weeks, with a clear support and resistance trend line drawn from the weekly timeframe. The stock has been bouncing off the support trend line and testing the resistance trend line, indicating a strong likelihood of a breakout ahead. Price Action: The price action of MAITHANALL has been impressive, with the stock consistently making higher highs and higher lows. The stock has been trading above its 50-day and 200-day moving averages, which is a bullish sign. The relative strength index (RSI) is also above 50, indicating that the stock is in an overbought territory, but not yet at extreme levels. The stock has also formed a series of higher highs and higher lows in the recent past, which is a clear sign of an uptrend. The stock has been trading above its moving averages, and the RSI is above 50, indicating that the uptrend is likely to continue. Breakout Levels: The breakout levels for MAITHANALL are around ₹1125. The stock has been trading around ₹1000 for the past few weeks, and a breakout above ₹1125 could be a strong indication of a bullish trend. A breakout above ₹1170 could be an even stronger indication of a potential uptrend. Conclusion: MAITHANALL is currently trading in a bullish symmetric triangle pattern, which is a strong indication of a potential breakout ahead. The stock has been consistently making higher highs and higher lows, and the RSI is above 50, indicating that the uptrend is likely to continue. However, it is important to note that the stock market is inherently unpredictable, and there is always a risk of loss when trading or investing in the stock market. Therefore, it is important to do your own research and consult with a financial advisor before making any investment decisions.
NSE:MAITHANALLLong
by stocktechbot
Bullish Move: MAITHANALLIntroduction: In technical analysis, trendlines are one of the most popular tools used by traders to identify and trade within established market trends. A trendline is simply a line drawn on a chart to connect a series of highs or lows, and it can serve as both a support level and resistance level depending on how the trend is moving. When the weekly price range follows the trendline as support and signals bullish moves, it can be a powerful indication of a potential buying opportunity. In this article, we will explore what this chart pattern means and how it can be used to improve your trading decisions. What Does It Mean? When the weekly price range follows the trendline as support and signals bullish moves, it means that the stock's price action is following a clear upward trend. The trendline acts as a guide for the stock's movement, providing a clear path for the price to move higher. Additionally, when the weekly price range follows the trendline as support, it means that the stock is likely to experience a bounce off of the trendline if the price falls too low. This bounce can provide a buying opportunity for traders who are looking to enter long positions. How Can You Use This Chart Pattern? To use this chart pattern effectively, you need to first identify a clear uptrend in the stock's price action. This can be done using various techniques such as identifying a series of higher highs and higher lows, or using a moving average convergence divergence (MACD). Once you have identified a clear uptrend, look for a trendline that connects several highs or lows along the same side of the trend. This trendline will act as your support level and signal a bullish move. Next, observe the weekly price range to see if it follows the trendline as support. If the price range consistently tests the trendline but fails to break through it, then you may consider entering a long position. This is because the trendline provides a clear path for the price to move higher, and the weekly price range following the trendline as support suggests that there is a strong likelihood of a bounce off of the trendline. Conclusion: The weekly price range following the trendline as support and signaling bullish moves is a powerful indicator of a potential buying opportunity. By understanding how to identify and use this chart pattern, you can improve your trading decisions and potentially increase your chances of success in the markets. Remember to always use multiple forms of confirmation and risk management strategies when trading, and never rely solely on a single indicator or chart pattern. Happy trading!
NSE:MAITHANALLLong
by stocktechbot
Maithan in a Mood to March Forward. Maithan Alloys Ltd is among India’s leading manufacturers and exporters of niche value-added Manganese alloys. The company prime products include Ferro Manganese, Silicon Manganese and Ferro Silicon. It has a global presence with customers like SAIL, Tata Steel and Jindal Steel & Power. Maithan Alloys CMP is 1070.35. The Negative aspects of the company is declining annual net profits. The Positive aspects of the company are improving cash from operations annual, no debt, FIIs are increasing stake and zero promoter pledge. Entry after closing above 1077. Targets in the stock will be 1122 and 1170. Long term targets in the stock will be 1207 and 1271. Stop loss in the stock should be maintained at closing below 968. (Disclaimer: I am a NISM certified Research Analyst but have not registered for SEBI authorization. The purpose of sharing the views is purely educational in nature for paper trading only. We will not be responsible for any profit or loss of any individual or institution which takes position based on our analysis.)
NSE:MAITHANALLLong
by Happy_Candles_Investment
#MAITHANALL #COALINDIA #NMDC #GMDCLTD #NATIONALUM #JSWSTEEL #NSE#MAITHANALL NSE:MAITHANALL CMP: 1050.15 TP: 1270 // 1300 // 1400 SL: 949 TF: <6m RR > ~2.5 times Return > ~24% MAITHANALL SAIL HINDCOPPER HINDZINC NIFTYMETAL TATASTEEL CNXMETAL HINDALCO JSWSTEEL NATIONALUM JINDALSAW JINDALSTEL COALINDIA NMDC GMDCLTD VEDL Factors: BULLISH WEDGE BREAKOUT Trend Following Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Earnings are strong. Bullish Wedge Breakout Risk Return Ratio is healthy. And Rising from Double Bottom Pattern to Flag Pattern forming. If you like my work KINDLY LIKE SHARE & FOLLOW this page for free Stock Recommendations. With 💚 from Rachit Sethia
NSE:MAITHANALLLong
by Rachit_Sethia
LONG TERM INVESTMENT Start buying this Tock for the Long term (2-3 years) Fundamentally strong stock High Piotroski Score - Companies with strong financials Strong Annual EPS Growth Good quarterly growth in the recent results Inverted Hammer (Bullish Reversal) High Revenue and Profit Growth with High Return on Capital Deployed (ROCE) and Low PE ratio High growth and High Return on Equity (ROE) with a Low PE ratio Growth in Quarterly Net Profit with increasing Profit Margin (YoY) Company with Low Debt Company with Zero Promoter Pledge FII / FPI or Institutions increasing their shareholding Recent Results: Growth in Operating Profit with an increase in operating margins (YoY)
NSE:MAITHANALLLong
by ASHWINIKUMAR2101
MAITHAN ALloys Long term 1. Exhaustion of Supply , 200 EMA rising and giving a good support to the script to rise 2. May see Upside in coming few weeks 3. Retested 988 LEvles with volume , coming to rise , Will break the trend line 4. Buy after retest of the trendline with 20% 5.17.21% away from 52 week high 6.Outperformer - Maithan Alloys up by 7.01% v/s NIFTY 50 up by 1.3% in last 1 month 7.FII/FPI have increased holdings from 0.32% to 0.67% in Sep 2021 qtr. 8.Institutional Investors have increased holdings from 0.93% to 1.15% in Sep 2021 qtr.
NSE:MAITHANALLLong
by TechieindusTrader
1