THE_Drmahesh

THE_Drmahesh

Rajesh Exports Ltd is a manufacturer of Gold and Gold Products. Company is almost debt free. Stock is trading at 1.06 times its book value. its has formed bottom. but its balance sheet is good giving proper year on year profit. considering abt technical chart price is below 200 day,50day, 20day moving averages. perfect time to buy AS MUCH INCREASE IN VOLUME AS...

THE_Drmahesh

Company is almost debt free. Company has delivered good profit growth of 71.6% CAGR over last 5 years Company has a good return on equity (ROE) track record: 3 Years ROE 108% it is far below ipo listing price recently company has shown good revenue generation with good profit margins IT HAS FORMED COMPLEX HEAD AND SHOULDER PATTERN FIRST TARGET WILL BE AROUND...

THE_Drmahesh

its near o bottom right now its medium term target will be 430 long term target will be 740 altime high

THE_Drmahesh

i think these 2 levels 1500 and around 1600 are important before going to altime high its well below 200 and 50 day moving averages as well

THE_Drmahesh

NIFTY currently testing very important support since last few days. if it breaks it may be down to 18600 again if not den may bounce back to altime high as immediate resistance 19991

THE_Drmahesh

its on 139 currenty may have poetential to reach 160

THE_Drmahesh

Inverse H&S pattern T-33.50 & 41.50 TARGET 1-33.50 achived today setting to go for for second target after todays breakout?

THE_Drmahesh

CUB is currently on 132 it has gone to 200 in past many times as we can see in chart there is very big possibility to go 200 again lets see keep eye on it

THE_Drmahesh Updated 

inverse head and shoulder pattern formed ...this is right time to buy... medium term target wuld be around 510

THE_Drmahesh Updated 

triangle formed ....recent breakout from base medium to long term target wuld be around 1750

THE_Drmahesh

though this stock is at altime high but its profit is increasing with decrease in NPA every quarter. its PE ratio still low with high price.its minimum target shuld be 725 with 20% potential gain

THE_Drmahesh

46% upside moving potential with target wuld be around 1209

THE_Drmahesh

CUP WITH HANDLE Pattern Breakout in progress on daily chart LTP - 1637 Targets 2300 Timeframe - MEDIUM TO LONG TERM Every Dips can be used to accumulate the stock for Medium Term investment.

THE_Drmahesh

its at bottom since long time...if market continues for bull run it may go up with it...first medium term target of 2450 because of HEAD AND SHOULDER PATTERN formed... second long term target wuld around 3525.

THE_Drmahesh

i think it has support of 2395 if it breaks culd go 2100.resistace around 2700 if it surpasses it culd go 2950

THE_Drmahesh

its steady around 3k now but i think it has support level around 2.3 k and resistance 3.4 k, if it surpasses it it can go beyond 4.5 soon.

THE_Drmahesh

resistance around 2950 to 3000 usd see rsi as well highest this point .when it crosses this den will show next picture.

THE_Drmahesh

bitcoin rsi falls then its next target