AWHCL trade ideas
AWHCL Trade setup for Diwali 2024 Stock Analysis and Trade Setup
The chart shows a clear range with key levels and potential trade setups:
• Long Setup : A breakout above the first resistance level around 818.4 would indicate bullish momentum, targeting 846.8 as the first level and potentially extending towards 902.7. Enter a long position only after a confirmed breakout above 818.4 with strong buying volume.
• Short Setup : If the price fails to hold above the resistance and drops below the 666.25 support level, it could signal a bearish trend continuation. A breakdown below 666.25 could lead to a significant downside move, possibly reaching the next support around 560.2.
The price is currently testing the resistance area and might consolidate before choosing a direction. Monitor closely for breakout signals or rejection patterns at these key levels to confirm the trade direction.
Disclaimer: This analysis is for educational purposes only. Please conduct your own research before making any trading decisions.
Antony Waste is certainly not waste.Antony Waste Handling Cell Ltd. engages in the provision of solid waste management services. Its services include waste collection and transportation, mechanized and non-mechanized sweeping, waste processing and treatment, and waste to energy.
Antony Waste Handling Cell Ltd. CMP is 736.75. The positive aspects of the company are Annual Profit Growth higher than Sector Profit Growth, Rising Net Cash Flow and Cash from Operating activity and Company able to generate Net Cash. The Negative aspects of the company are High Valuation (P.E. = 24.5), High promoter stock pledges, Stocks Underperforming their Industry Price Change in the Quarter and MFs decreased their shareholding last quarter.
Entry can be taken after closing above 747 Targets in the stock will be 784 and 821. The long-term target in the stock will be 848 and 900. Stop loss in the stock should be maintained at Closing below 671 or 605 depending upon your risk taking ability.
Disclaimer: 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.
AWHCL S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
20 EMA (Exponential Moving Average):
Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum.
Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory.
Combining RSI with Support and Resistance:
Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal.
Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
50 SMA Rising - Positional TradeDisclaimer: I am not a Sebi registered adviser.
This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser.
It 50 SMA Rising. Suitable for Positional Trading Initial Stop loss lowest of last 2 candles and keep trailing with 50 days SMA if price close below 50 SMA then Exit or be in the trade some time trade can go for several months.
Be Discipline because discipline is the Key to Success in the STOCK Market.
Trade What you see not what you Think
Antony waste can go ahead Cmp 815
target 850
stop 780
after a short dip can bounce back..
Risk moderate
can test for a doubke botom at 800 level also
take short quantity..
budget theme..sanitation programme
Antony Waste Handling Cell Ltd is engaged in the business of mechanical power sweeping of roads, collection and transportation of waste, waste to energy project and undertake the designing, construction, operation and maintenance of the integrated waste management facility in Kanjurmarg, Mumbai.
It is one of the top five players in the Indian municipal waste management industry with a track record of ~20 years
AWHCL - Bullish SetupStock name - Antony Waste Handling Cell 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.
ANTONY WASTE, SWING PAPER TRADE Above shown chart is of ANTONY WASTE in Daily Time Frame
The above path of the script can be read as " Ascending Triangular Pattern " .. for simplicity, let's see it a a staircase.
This script has come this far making HH and HL .. the current step of the staircase is where we can enter into a trade.
Four things to describe for a trade
Entry Point
Stop Loss
Expected Reward
Exit
For,
Entry Point - Any price between 516 Rs to 490 Rs seems good.
Stop Loss - 478 Rs price level should be considered as SL ( will be around 7 % if EP is 515 ).
489 Rs price level is also good to place SL .. depending on appetite.
Exp. Reward - I'm expecting 10 - 15 % , which should be enough for a swing trade.
Rest depends on the scenario.
Exit - Exit depends on individual, same as SL, either you can full exit at a point or you
can trail.
Caution : As this is Budget + Election period, a low capital deployed seems sensible approach.
Thank you.
Antony Waste Handling Cell Swing SetupPrice is consolidating after breaking out of the triangle pattern.
RSI is showing strong bullish divergence.
Its technical target is 510+
Good to accumulate for an upside of 54-55% in medium term.
Stop loss should be below 312 (Optional) which makes this 10:1 R:R setup.
It has a strong potential to cross 600 in long term (almost 82% upside in about a year)
Fundamentally sound and debt is bit high due to new waste to energy project with a capex of 250 crores. This can definitely boost their profit margins.
Do your own due diligence before taking any action.
Peace!!
Antony Waste (AWHCL) Ready to blastHello Brothers,
Anthony Waste Handling Company Limited has formed a good base. Retrying to cross Resistance.
Results were Outstanding for Q1 FY2023 i.e. Quarter ending June2022.
Keep look into it. Above 1st Resistance near 350 it will blast !!
Keep Investing.
#AWHCL