thepranam

thepranam Updated 

Q4 CONS NET PROFIT 1.2B RUPEES VS 410M (YOY). Q4 EBITDA 1.72B RUPEES VS 752M (YOY) || Q4 EBITDA MARGIN 27.89% VS 14.17% (YOY). In addition, MACD Cross is also playing out. Once MACD Cross is completed, expect 20% up from here.

thepranam Updated 

Looking good for next leg up Successful retest of swing low Looks good till 550 and above

thepranam

Stock is currently trading above its weekly support zone. Price Action making Higher High and Higher Low Pattern. MACD also forming Higher High and Higher Low Pattern. Stock looks ready for its next leg up.

thepranam

Stock is forming a new Higher High Higher Low Pattern. MACD Cross also supports this new pattern. Stock can see hitting 52W High again in the coming weeks.

thepranam

MACD Cross is in play. If it succeeds, stock can go to its next leg up with good volume. Keep an eye on stock for the coming weeks.

thepranam

Cup and Handle Pattern. Stock is in breakout from multiyear Support/Resistance zone. Currently trading near 52W High too. If all goes well, can touch 2500 levels in the coming week. 1800 levels will invalidate setup.

thepranam

Price has retested successfully at long time gap zone and has bounced multiple times at same point. Stock is also making a parabolic formation since start of 2024. Also near 52W High. Also the following could take the stock to new highs in the coming weeks. Q4 CONS NET PROFIT 243M RUPEES VS 109M (YOY) EBITDA 1.35B RUPEES VS 1.13B (YOY)

thepranam

Previous Gap Filled Successfully. Lower Low and Lower High Pattern completed and new Highs forming. Stock has retested its all time low successfully and currently near 52W High levels. MACD also going upward continuously. As long as weekly close is maintained above 470 levels, expect to see some movement in the upward direction in the coming weeks.

thepranam

Price Action seems to be forming Higher High and Higher Low Pattern. Has broken the previous Lower Low Pattern with a big green candle . 434 is the major Support/Resistance Zone. Currently price seems to be successfully breaking the 434 price. Weekly close above this levels can take the stock to the next leg up.

thepranam

Price Action forming Higher High and Higher Low Pattern. MACD Cross also forming Higher High and Higher Low Pattern. Looks good for the next leg up. Expect at least 10-15% up from here.

thepranam

Stock forming Higher High and Higher Low Pattern. MACD Histogram has changed to BUY and MACD Cross indicates good entry too. Looks good for another 10-15% from here.

thepranam

Price Action forming Higher Low Pattern. MACD Cross also forming Higher Low Pattern. Stock seems to be following Trendline. Currently also @ crucial Supply/Demand zone. Weekly closing above 500 levels with good volume can take the Price to new Higher High Levels. NOTE: Only negative for now is CTO and Chief HR has resigned very recently.

thepranam

Price Action currently near Support/Demand Area. Successful close above 163 can take the stock to greater heights. Keep close watch. Monthly MACD cross in action too. March Quarter Profit Looks good too.

thepranam

Price Action making Lower Low. MACD Cross making Higher Low. Good chances of momentum picking up from here.

thepranam Updated 

Making Higher High Patterns. Successful Retest @ Support 315

thepranam

Swing retest @ Support level - 190. Stock is trading above 200 EMA levels. Weekly close above 190 will set the stock to next leg up. Currently looking good at least until next S/R level if Weekly closing maintains above 190.

thepranam

Stock seems to be following the Trendline settings since 1 year. Currently at Buy level again as per trendline. Lets see how well this plays. Expect at least 25% upside if the Trend still continues.

thepranam

Price Action downward, however MACD taking trajectory upward. As long as 225 levels are maintained, stock can seeing upward momentum. Stock has also crossed 200 EMA. Note: 225 is the key support level to start going upward. Any break or weekly close below this level will invalidate the above setup.