Rossari biotech Weekly low 320 touch RAWRossari biotech Weekly low 320 touch RAW 1) Super rejection possible 2) If it does, Pattern is Good to go 3) Lets see, the breakoutLongby saurav09911
ROSSARI CMP 939.Rossari Bioteck is a Strong fundamental company.Currently trading a affordable PE. Revenue growing on QoQ and YoY. Currently trading above all Moving average.Bullish for Short term.If break 1000 level we can see a sharp rally in this counter.Longby SUMIT_DHIMAN_MZN_UP0
Rossari Biotech Formed Reverse Head & shoulder pattern After almost 3 yr long correction ROSSARI BIOTECH formed Reverse H&S pattern on weekly chart. Also given break out of pattern on 29 July ...Target will be arround 1087 with a stoploss of 860. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing.by siddharath_2311
ROSSARI BIOTECH Showing Change in Price StructureNSE:ROSSARI .................................................................................................................... .................................................................................................................... .................................................................................................................... Update on the expansion projects at Dahej Facilities .................................................................................................................... • In the Q2FY24 the Company had announced an expansion of its facility at Dahej by adding up 20,000 MTPA capacity for products related to HPPC in the specialty chemical space, as well as for producing ingredients for its subsidiary companies. Also, to cater to the growing demand in agro chemicals, home and personal care, oil & gas and the pharma sector, the Company had further announced expansion of the Ethoxylation capacity by 30,000 MTPA at the Dahej facility of Unitop Chemicals Private Limited. • Work on both these projects are progressing as planned. Commissioning is expected to happen, in a phased manner in the current year .................................................................................................................... .................................................................................................................... .................................................................................................................... • Consistent growth trajectory over the past three years, driven by both organic and inorganic growth strategies • While near-term investments and strategic initiatives have led to a moderation in ROCE and ROE, the balance sheet position remains strong. The Company is confident of reporting improved return metrics in the future as these investments start yielding results Longby iism-ExpertTrading5
Rossari Biotech Steady Financial Growth with Strong Market PosRossari Biotech has demonstrated consistent financial growth, with its revenue increasing from ₹516 crores in FY2019 to ₹1,910 crores in the trailing twelve months (TTM) of FY2024. The company has maintained a stable operating profit margin around 13-17% over the years, reflecting its efficient cost management and strong market position. Although the return on equity (ROE) has slightly decreased to 13% in the most recent fiscal year, it remains a solid performer within the specialty chemicals sector. Additionally, Rossari's conservative dividend payout and strategic reinvestment into the business indicate a focus on long-term growth. I am buying at 900-915 zone with a stop loss at 790 for a target of 1250-1600+ Disclaimer: The information provided here is intended for informational purposes only and should not be construed as investment advice or a recommendation to buy or sell any securities. The opinions expressed are those of the author and are subject to change without notice. Past performance is not indicative of future results. Investors should consult their financial advisors before making any investment decisions. Trading and investing in financial markets involve risks, including the loss of principal. Neither the author nor any of their affiliates shall be held liable for any loss or damage resulting from the use of this information.Longby profitoptionnew2
rossari weeklystock has moved up breaking abv july top with volume support.. expect stock price to move up by another 20% in few weeks.Longby Zaveri_TA2
RB - Accumulating at the Bottom of the Pyramid!It will be interesting to see how price will behave after crossing the R1 pivot point at . As of now there is accumulation going on. Once the accumulators gets enough off; price movement can be smooth. #Chemical_Play Longby shivalingesh3
Parallel channel breakoutGood volume buildup in weekly timeframe. Highest volume buildup in daily time frame. Parallel channel breakout with good volume. Smallcap ⚠️⚠️. NOTE: I do my analysis, do yours before trade.Longby GreyandWise0
Rossari BiotechNSE:ROSSARI Weekly chart showing breakout with momentum indicators and volume. Also outperforming market from last 3 months.Longby Chartstory_Jigar0
ROSSARI - Bullish SetupStock name - Rossari Biotech Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - B Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade. Longby tanwartarun501
A technical trade weekly TFPrice broken almost 20 months consolidation with strong volume....buying zone 883-888 if comes ....probable upside 1201 sl below 850 closing basis....only for educational purpose and not any recommendation....Longby Prakash_Patil23011
SWING IDEA - ROSSARI BIOTECHConsider a compelling swing trade opportunity in Rossari Biotech , a leading specialty chemicals manufacturer in India, renowned for its innovative and sustainable solutions across various industries. Reasons are listed below : Price at Support Zone : Rossari Biotech is trading at its support zone, where it was initially listed, indicating potential buying interest and stability at these levels. Doji Candle Formation : A doji candlestick pattern has formed, confirming the bullish momentum indicated by the preceding marubozu candle. This suggests that the price is holding onto higher levels and may continue to move upward. 0.618 Fibonacci Support : Finding support at the 0.618 Fibonacci level strengthens the bullish case, providing a solid foundation for potential upward movement. Initiation of Double Bottom Pattern : The beginning of the formation of a double bottom pattern suggests a potential trend reversal and bullish continuation, indicating a shift in market sentiment. Increase in Volumes : An increase in trading volumes reflects growing market interest and potential accumulation by investors, adding confirmation to the bullish thesis for Rossari Biotech. Target - 809 // 890 StopLoss - weekly close below 655 DISCLAIMER - Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services. @visionary.growth.insightsLongby Visionary_Growth_InsightsUpdated 13
Rossari BiotechAny dip to be used as buying opportunity. Trend now is Higher Highs - Higher Lows.Longby nitinKgupta3
ROSSARI BIOTECHRossari Biotech was started in 2003. They are among the largest manufacturers of textile specialty chemicals in India Their 3 main product categories are: - Home, personal care, and performance chemicals - Textile specialty chemical - Animal health and nutrition The company has two R&D facilities, one at Silvassa manufacturing facility and a research lab at IIT Bombay. Longby CannySunny3
Rossari Biotech LtdTarget given in the chart SL 690 FUNDAMENTALS Market Cap ₹ 4,710 Cr. Current Price ₹ 852 High / Low ₹ 904 / 657 Stock P/E 36.0 Book Value ₹ 190 Dividend Yield 0.06 % ROCE 18.3 % ROE 13.3 % Face Value ₹ 2.00 Price to book value 4.51 Intrinsic Value ₹ 590 PEG Ratio 1.55 Price to Sales 2.57 Debt ₹ 119 Cr. Debt to equity 0.11 Int Coverage 10.2 Reserves ₹ 1,037 Cr. Promoter holding 68.3 % Pledged percentage 0.00 % EPS last year ₹ 23.7 Net CF ₹ -43.8 Cr. Price to Cash Flow 109 Free Cash Flow ₹ -82.5 Cr. OPM last year 13.6 % Return on assets 8.90 % Sales growth 10.6 %Longby madhu28114
Rossari biotech On hrs chart seen strong uptrend Stock has performed strongly both one week and one month can see uptrend Longby milindpanchakshari0
Rossari biotech Rossari biotech weekly breakout Buy- 790 Stoploss - 690 Target - 1050/1373/1615 Longby YashMehta_5
Rossari biotech Stock can show a good reversal from these level- profits have been rising continuously but stock has corrected hai lot Motilal Oswal small cap fund has entered the stockLongby bharatnahar380
Rossari Biotech LTD Trend AnalysisPrice bounced at key support level and RSI showing moderate bullish divergence on daily TF. Expecting the price to make a leading diagonal pattern as highlighted, will update the chart later if any changes observed. Good to buy at CMP for the following targets: Medium term swing target @ 1270 (80% ROI) Long term positional target @ 1560 (120% ROI) Strong fundamentals with highest ever Sales & Net Profit. Do your own due diligence before taking any action. Peace!! Longby Swastik243
In watchlistForming symmetrical triangle alongwith INHS STRONG support at 700 and move above 820 , will take to 950/1200 levelsby yogesharora24094
ROSSARI: Turn Bullish at Breakout of 835Rossari BioTech has a bullish setup developing on the weekly chart. If stock moves above 835, anticipate first target to be 1069 (i.e. 28% upside), second target to be 1156 (i.e. 38% upside). Entry at breakout of 835. Three Reasons to be bullish: - MACD has been showing momentum build-up - Price is staying within the channel - Waiting for third one to occur, which happens at break of the blue line on the upside. Longby RedRock78410
Rosari Biotech Trend Line HurdleResult are good Rossari Biotech Q3FY24 Another excellent qtr back to back Good Q2 Followed by excellent Q3 now Good margin expansion QoQ n YoY🔥 Rev at 463cr vs 389cr PBT at 48cr vs 35cr Q2 at 45cr PAT at 34cr vs 26cr Q2 at 33cr Q3 EPS at 6.23rs vs 4.6rsLongby ManojTembulkar0
ROSSARI BIOTECHContent in the chart - Understand the volume spikes under consolidation phase Volume spikes during consolidation phase indicates strong buying in the stock Prior indication can be studied via volume and chart pattern structure. Red arrows - Indicates the rejections Green Arrows - Indicates supports This chart is only for educational purpose, do your own study before taking any trades. This is not buy or sell recommendationsLongby be_you_akshay0