ACCELYA
Accelya Solutions is a high dividend paying IT co.Accelya Solution Ltd. CMP – 1390.55
Market Capitalization Rs 2,075.6Cr
Red Flags:🟥
MFs are decreasing stake
Green Flags:🟩
No debt
Zero promoter pledge
FIIs are increasing stake
Improving annual net profit
Improving cash from operations annual
Dividend Yield @CMP = 4.67%
Previous Happy Candles Number – 60/100
New Happy Candles Number – 60/100
X/2 Fresh Entry/ averaging / compounding after closing above 1417
Final Entry 1439
Targets: 1483, 1513 and 1571
Long term target: 1642 and 1749
Stop loss: Closing below 1339
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.
ACCELYA SOLUTIONS - Another chart for studying stock behaviorAfter a breakout from the ascending triangle , there was a weak breakout which wasn't powerful enough to take on the next resistance. A retest of the previous resistance happened which is now a support. Now we see some accumulation going on near the resistance - always a good sign.
A breakout from the current resistance( 950) is expected but the stock will enter the high supply zone of 950-970. Smart traders will make use of this opportunity as well but for investors, it is advisable to enter only above 971.