Wait for breakoutGood volume buildup in daily as well as in weekly timeframe.
Rising wedge pattern formation.
Fundamentals are OK and improving.
FII & DII stakes are up.
NOTE: I do my analysis, do yours before trade.
Next report date
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Report period
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EPS estimate
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Revenue estimate
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5.15INR
1.12 BINR
19.20 BINR
82.20 M
About HONASA CONSUMER LTD
Sector
Industry
CEO
Varun Alagh
Website
Headquarters
Gurugram
Employees (FY)
2.94 K
Founded
2016
ISIN
INE0J5401028
FIGI
BBG01JXCMJK6
Honasa Consumer Pvt Ltd. manufactures and sells baby care products. It engages in the business of trading beauty and personal care products and related services with products across baby care, skin care, hair and other personal care categories. Its brands include Mamaearth, The Derma Co., Aqualogica, Ayuga, BBlunt, Dr. Sheth's, BBlunt Salons and Momspresso. The company was founded by Varun Alagh and Ghazal Alagh on September 16, 2016, and is headquartered in Gurugram, India.
Honasa Consumer LtdHonasa Consumer Ltd If price retraces to the demand zone go long with the setup depicted on the chart.
Technical Analysis of HONASA Consumer LtdTechnical Analysis of HONASA Consumer Ltd
Overview of the stock - The chart provides a 1-hour timeframe analysis of HONASA Consumer Ltd (HONASA) on the NSE.
Key Observations during the Technical Analysis of the stock
Price Action: - The stock is currently trading within a consolidation zone b
HONASA1. Anything can happen.
2. You don't need to know what is going to happen next in order to make money.
3. There is a random distribution between wins and losses for any given set of variables that define an edge. No other thoughts
4. An edge is nothing more than an indication of a higher probability
LONG ENTRY HONASA CONSUMERPrice shifting upwards
Volume building up, keeping today’s candle low as SL , going long and will see price action at middle of channel.
Holding duration 5trading days will aim 1:2 risk reward ratio www.tradingview.com
HONASA: Ascending Triangle Breakout with volumesAfter all the love I received on the NBCC chart, here I bring another very similar chart from the consumption sector.
As I see that the consumption sector is now the one to be watched out, it is better to place our bets there.
These are some points to note:
1. The base formation that absorbed a
HONASA GIVES BRAKEOUT ON DAILY CHARTNSE:HONASA
HONASA gives brake out on daily chart
Buy 450
SL 415
Target 510+
Time duration 1 month
Honasa Can Zoomed upto 680 -50% upside move awaited ### Swing Trading Alert Recommendation: Honasa Consumer Ltd (HONASA)
#### Trade Setup:
- **Current Price (CMP):** 449
- **Entry Range:** Confirm entry upon a successful breakout above 460.
- **Target Price:** 680
- **Stop Loss:** Below 400 on a weekly closing basis
#### Analysis:
Honasa Consumer L
HONASA : A Mentor in the Stock MarketChoose the Right Stock Market Mentor!
1️⃣ Profession: Seek qualifications like SEBI RA, CA, CFA, etc. ("NISM Certified" is just stupid IMO🤦♂️)
2️⃣ Experience: Opt for mentors with at least 5 years in financial markets
3️⃣ Demo: Follow their work for at least 3 months. Cross-check Chart Analysi
See all ideas
An aggregate view of professional's ratings.
Frequently Asked Questions
The current price of HONASA is 470.05 INR — it has decreased by −0.02% in the past 24 hours. Watch HONASA CONSUMER LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange HONASA CONSUMER LTD stocks are traded under the ticker HONASA.
HONASA stock has fallen by −6.01% compared to the previous week, the month change is a −0.30% fall, over the last year HONASA CONSUMER LTD has showed a 42.44% increase.
We've gathered analysts' opinions on HONASA CONSUMER LTD future price: according to them, HONASA price has a max estimate of 639.00 INR and a min estimate of 400.00 INR. Watch HONASA chart and read a more detailed HONASA CONSUMER LTD stock forecast: see what analysts think of HONASA CONSUMER LTD and suggest that you do with its stocks.
HONASA reached its all-time high on Sep 10, 2024 with the price of 547.00 INR, and its all-time low was 256.30 INR and was reached on Nov 10, 2023. View more price dynamics on HONASA chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
HONASA stock is 4.93% volatile and has beta coefficient of −0.69. Track HONASA CONSUMER LTD stock price on the chart and check out the list of the most volatile stocks — is HONASA CONSUMER LTD there?
Today HONASA CONSUMER LTD has the market capitalization of 152.75 B, it has decreased by −4.69% over the last week.
Yes, you can track HONASA CONSUMER LTD financials in yearly and quarterly reports right on TradingView.
HONASA CONSUMER LTD is going to release the next earnings report on Nov 20, 2024. Keep track of upcoming events with our Earnings Calendar.
HONASA earnings for the last quarter are 1.30 INR per share, whereas the estimation was 0.67 INR resulting in a 95.49% surprise. The estimated earnings for the next quarter are 1.27 INR per share. See more details about HONASA CONSUMER LTD earnings.
HONASA CONSUMER LTD revenue for the last quarter amounts to 5.54 B INR, despite the estimated figure of 5.64 B INR. In the next quarter, revenue is expected to reach 5.56 B INR.
HONASA net income for the last quarter is 402.59 M INR, while the quarter before that showed 304.75 M INR of net income which accounts for 32.11% change. Track more HONASA CONSUMER LTD financial stats to get the full picture.
No, HONASA doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Sep 19, 2024, the company has 2.94 K employees. See our rating of the largest employees — is HONASA CONSUMER LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. HONASA CONSUMER LTD EBITDA is 1.54 B INR, and current EBITDA margin is 7.24%. See more stats in HONASA CONSUMER LTD financial statements.
Like other stocks, HONASA shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade HONASA CONSUMER LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So HONASA CONSUMER LTD technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating HONASA CONSUMER LTD stock shows the buy signal. See more of HONASA CONSUMER LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.