MANGCHEFERNSE:MANGCHEFER
Volume breakout
Trading above last high
Rsi >70
support -130
Sl 124
Target 150
Investment Stock
MANGCHEFER trade ideas
💥Manglore Chemicals and Fertilizer💥-Nice Breakout💥Manglore Chemicals and Fertilizer💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-124-126
Breakout Price-124
Stoploss-100
Targets-179-212
RT for max reach
#manglorechemicals #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
MANGALORE CHEMICAL Support & ResistanceSupport and Resistance Levels:
Based on the price action, you have to identify two significant levels: the red line acting as resistance and the green line acting as support. Additionally, there have marked red and green shades to represent resistance and support zones, respectively.
Support: The green line and green shade represent support levels. These levels are where the price tends to find buying interest, preventing it from falling further. Traders can consider these levels as potential buying opportunities.
Resistance: The red line and red shade represent resistance levels. These levels are where the price tends to encounter selling pressure, preventing it from rising further. Traders can consider these levels as potential selling opportunities.
Breakouts: If the price breaks above the resistance zone (red shade) convincingly, it may indicate a bullish breakout, and the price could move higher to the next resistance level. On the other hand, if the price breaks below the support zone (green shade) convincingly, it may indicate a bearish breakout, and the price could move lower to the next support level.
Keltner Channel:
The Keltner Channel is a technical indicator that uses an exponential moving average (EMA) to create an upper and lower channel around the price action. Traders can use this channel to identify potential long and short positions.
Long Position: If the price is above the upper line of the Keltner Channel, it may indicate a potential long opportunity, as it suggests the price is trading above the average range and might continue in an upward trend.
Short Position: If the price is below the lower line of the Keltner Channel, it may indicate a potential short opportunity, as it suggests the price is trading below the average range and might continue in a downward trend.
Disclosure: I am not SEBI registered. I just wanted to let you know that the information provided here is for learning purposes only. Please consult your financial advisor before making any decisions. Tweets neither advice nor endorsement.
Expecting Minimum 5% in a Month - Buy Price -115.5Good to hold for short - Medium term - Broke the resistance with a good volume
Getting ready for next upmoveAll the best.
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Mangalore Chemical: Bullish Butterfly pattern on DTFMangalore Chemical: Bullish Butterfly pattern on DTF
PRZ 1: 73.25
PRZ 2: 74.05
PRZ 3: 72.30
Note: Created for testing pattern..
BUY KARO Mangalore Chemicals and Fertilizers Limited (MCF)Mangalore Chemicals and Fertilizers Limited (MCF) is primarily engaged in the manufacture, purchase, and sale of fertilizers. It is a subsidiary of Zuari Fertilisers and Chemicals Limited, an Adventz Group.
Company ka result bahut acha hai.... Net profit of Mangalore Chemicals & Fertilizers jumped 145.16 percent to Rs 76.17 crore in the quarter ended December 2022 as against Rs 31.07 crore during the previous quarter ended December 2021.
Sales of the company rose 54.03 percent to Rs 1173.24 crore in the quarter ended December 2022 as against Rs 761.70 crore during the previous quarter ended December 2021.
Market Cap
₹ 1,017 Cr.
Current Price
₹ 85.8
High / Low
₹ 132 / 64.4
Stock P/E
14.5
Book Value
₹ 55.6
Dividend Yield
1.42 %
ROCE
10.7 %
ROE
14.3 %
Face Value
₹ 10.0
Debt
₹ 1,429 Cr.
EPS
₹ 5.93
PEG Ratio
0.40
Promoter holding
60.6 %
Intrinsic Value
₹ 70.1
Pledged percentage
63.1 %
EVEBITDA
9.67
Company is expected to give good quarter
Company has delivered good profit growth of 36.3% CAGR over last 5 years
Debtor days have improved from 122 to 83.8 days.
Kharid lo qki bad me ye price mile ya na mile ye kahna mushkil hai,,best investment stock and short term me bhi paisa kama k dega..for target and stop loss please see on chart,
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MANGCHEFER 52 week high pullback retestHow it has been identified:
Came in the following scanner:
1. Mark Minervini Template.
2. 20 day Kelter channel squeeze.
3. Within 10% of 52 week high zone.
This criteria was met when the scanner was run on 16th September, 2022.
Additional characteristics that were looked at:
1. Volume dry-up on pullback.
2. Fertiliser stocks are in an uptrend.
Mangalore Fertilizers & Chemicals - 120 min - Looking good , My fav 120 min or 2hr chart , nice chart formation
Mangalore chemicals and fertilizers: soon to breakoutMangalore chemicals and fertilizers, are a strong breakout candidate. High price action is supported by heavy volume buying. keep on your radar. # chemical stock
Manglore chemical above 50 moving average Manglore chemical is above 50 moving average on 30 min time frame is ready for bullish..
Target -115
Stop loss -100
BREAKOUT SHORT TERM
entry: 110
target :160
may fall till 90 (support region)
one can consider accumulation
minor resistance :125
manchef multiyear breakout Dolly Khanna has increased her stake in the fertilizer company Mangalore Chemicals & Fertilizers Ltd during March 2022. Dolly Khanna has bought more than 2.46 lakh equity shares in Mangalore Chemicals during the March quarter
MANGCHEFER Mangalore Chemical NSE BULLISHVIEW ABOVE 100 CMP 110MANGCHEFER Mangalore Chemical NSE is bullish if 100 holds. New 52 week high. Positive Trend. Fresh Breakout.
Disclaimer: Educational purpose only. Not Buy/Sell Recommendation.
base on baseLooks good above horizontal line. Stocks consolidation is tight around 10wma. Can have preemptive entry also, based on the coming weeks price action.
60% Plus Gain Possible COUNTER: Mangalore Chemicals and Fertilizers.
All the fertilizer shares are showing bullish Undertone. Price Action pointing at supply zone around 90-95 odd zones. Though looking at the volumes the counter would soon absorb the supply. Post a weekly close above 95 counter would enter price discovery mode and try to test #Fibonacci extension of 1.272. Keep a Target of 130 Positional Basis. Short-term Holding target 110.
