Eveready Industries Ltd. CMP – 355.60 Market Capitalization Rs 2,584.8Cr Red Flags:🟥 High Valuation (P.E. = 62.5) Declining annual net profit Declining cash from operations annual Green Flags:🟩 No debt Low debt Zero promoter pledge FIIs are increasing stake MFs are increasing stake Previous Happy Candles Number – 50/100 New Happy Candles Number – 50/100 X/2...
EVEREADY CMP 419 TGT 519 ++ SL 360 Return ~ 24% TF 6months RR ~2 NSE:EVEREADY #EVEREADY 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....
#EVEREADY NSE:EVEREADY NSE:EVEREADY EVEREADY CMP 317 ENTRY 301 TARGET 390 SL 272 RR 3 TF < 6 months 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...
NSE:EVEREADY Nice setup for Swing Trade ✳️ Entry Around 303-308 🚨 Stop Loss 288 DCB 🚀 Target 342, 370, 420++ Duration 1-2 quarter Disclaimer - This is our personal view and this analysis is only for educational purposes. Please consult your advisor before investing or trading. You are solely responsible for any decisions you take on basis of our research
A breakout from a cup and handle pattern. The stock might correct a bit which we call a retest of resistance or a pull back but technically looks good to go till 175 in the absence of major resistances. One could accumulate on dips if any. However always maintain a stop loss as per your risk appetite.
Huge upside possible on eveready. Im on buy with Rs.15 SL ( down marked zone ) Upside zone is Rs.200 with few months or years hold. Keep moving Sl -8%