ASHOKA BUILDCON LTD SWING TRADE IDEAASHOKA BUILDCON LTD bullish basing chart pattern breakout done with gud volume bar and strong bullish candle can look for swing trade with your prefered RR.by Vintage_Trader00710
ASHOKABreakout in Multiple Time Frames. Huge Volumes. Above all Key MA. Good for Short Term. Do Like ,Comment , Follow for regular Updates... Keep Learning ,Keep Earning... Disclaimer : This is not a Buy or Sell recommendation. I am not SEBI Registered. Please consult your financial advisor before making any investments . This is for Educational purpose only.by Vpktrades6
ASHOKA BUILDCON BREAKINGNSE:ASHOKA is forming Dual pattern Normally a chart with dual pattern has higher probablity of giving strong breakout and here Ashoka Buildcon is forming Adam & Eve Pattern and Inverse Head & Shoulders pattern in monthly chart and in weekly chart our stocks successfully gave a huge breakout from Cup & Handle As usual all the important fib are marked The Target for NSE:ASHOKA will be Target 1 :- 186 Target 2 :- 204 Target 3 :- 222 Target 4 :- 231 Target 5 :- 250 The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profir/loss. If you like my analysis do comment and give a boost. It boost our energy to do more analysis.Longby rahulxvaishnavUpdated 12
ASHOKAA multi-month and multi-year breakout after a re-test is seen in ASHOKA. I'm not financial advisor but as per my personal view it's good to go long from here. Longby meghagandhi30992
Ashoka buildcon These are swing ideas which you can add your watchlist and analysis for yourself Longby RahulAyar0
Trendline breakout Ashoka on weekly chart if closes above 192 today one can take a swing trade for a target of 220,230 in a short term keep sl of 180by Niteshbhardwaj1
Potential of 60% upside in Few years Ashoka Buildcon Entry #198 above SL #174 WCB Target 300+ Based on the latest financial data for Ashoka Buildcon Ltd from Q3 FY24, here are some key points: 1. **Revenue Growth**: The company saw a significant increase in revenue, growing by 35.83% compared to the same quarter last year, demonstrating strong sales performance. 2. **Profitability Concerns**: Despite the increase in revenue, net profit fell by 21.16% year-over-year. This decline in profitability could be due to higher operational costs and an increase in selling, general, and administrative expenses, which rose by 10.63% year-over-year. 3. **Market Sentiment**: Despite recent drops in profit, the stock has shown good performance with a return of 93.29% in the last six months, indicating strong market sentiment. The consensus among analysts is leaning towards a strong buy, suggesting confidence in the stock's future performance. 4. **Technical Analysis and Trading Strategy**: With the stock facing resistance around INR 200 and based on your trading rules and the current market price (CMP), a prudent approach would be to buy above INR 198. Set a stop loss at 4% below CMP, which would be around INR 174.58. Considering these points, Ashoka Buildcon appears to be an attractive buy, but keep an eye on the operational efficiencies and cost management strategies of the company in upcoming quarters to ensure sustained growth and profitability.Longby TRADERSMONK07Updated 5
Ashoka Buildcon Entry - above 163 Tgt - 10-15% Sl - 3% -- DISCLAIMER -- I am not a financial advisor or SEBI-registered. This is just a view. Please DO YOUR OWN RESEARCH before investing in any stock Happy trading PeaceLongby Vallabh69Updated 14
Buy #AshokaBuildcon#AshokaBuildcon made a strong breakout, and consolating above the #Breakout area., for further upmove. Follow Risk management for proper stoploss. Can give very good Risk reward.Longby VishnuDeepanUpdated 2
ASHOKA BUILDCON buy buy buyAshoka buildcon..fundamentally stong..technically very strong what more we need to enter guys..enjoy the profitLongby masterurtrades6
Ashoka buildcon channel & resistance breakout good for long Ashoka buildcon is good channel break out with big volume, this chart pattern is showing good up side move in short term. I expecting target 198 🔥🔥Longby bknagvanshi885
ASHOKA BUILDCON Breakout Ashoka Buildcon Has gicen BO > From cmp we can plan a swing trade. > in MTFA its looks good > Showing good strength > Volumes are increasing Let me know your view in comment section. Longby Alzubair15Updated 5
ASHOKABuy Entry @ 102 Target @ 144 Stop Loss @ 91 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. ShakthiLongby TradingForLivingshakthiUpdated 7
Sleeping Giant Ashoka buildcon ready to roar Ashoka Buildcon recently got the order from Maharashtra Government. Price action seems in chart .. Now what next refer chart & take position in range of 109-118 with DCB 101 for the target of 130-142 . CMP 122. Volume Break after 13 years & RSI break after 5 years.. Something is cooking.... If close above 143 ready to for 20-30% more up to 197 ... Keep in Radar... K.N: Its for education purpose before invest take advise from your advisor.Longby kevalsonivisionUpdated 114
AshokaBreakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.Longby BAAPOFBREAKOUTUpdated 5
ASHOKA buildconAshoka buildcon has strong fundamentals good proportion of promoter and retail individual friend holding it is a great breakout right now and we can definitely look after the next higher high level and do the decent stop loss we get 1.28 risk growth ratio and if the volume supports then it can be further higher running per share is good return on equity goodby gsoni4844841
AshokaBreakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.Longby BAAPOFBREAKOUTUpdated 1
A True Rounded Bottom Pattern What is a true rounded bottom pattern? When a price and volume forms similar shape like bowl, then it is a true rounded bottom pattern. In this stock there are two breakout one on price and another on RSI. With this stock may reach to its next resistance which is 138.Longby Bhargav_19918
READY FOR BREACKOUTResistance area tested multiple time , now again testing with volume support. Longby shajahanalur7
strong monthly closethis stock breakout on a monthly basis with huge volume and also pullback from 10WEMA shows the true strength in the stock.Longby Mohank234
Another opportunity grab it or leave itEntry CMP STOP 98.75 Breakout trading implementation: 1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range. 2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights into shifts in market sentiment and potential price movements. 3. **Entry Points:** Breakout points serve as potential entry points for traders looking to ride the momentum of a newly established trend. Buying on a breakout can capture the early stages of a price movement. 4. **Confirmation of Strength:** Successful breakouts indicate the strength of a trend. If an asset breaks out with high volume and follows through with sustained price movement, it suggests a strong trend in that direction. 5. **Avoiding False Signals:** Breakout strategies often include using indicators or confirmation signals to avoid false breakouts. This can enhance the accuracy of trade decisions. 6. **Defined Risk and Reward:** Breakout trading allows for setting clear stop-loss levels below the breakout point, which helps manage risk. Traders can also calculate potential profits based on the distance between the breakout point and a projected target. 7. **Adaptable to Various Markets:** Breakout trading can be applied to various markets, including stocks, forex, commodities, and cryptocurrencies. The concept remains consistent across different assets. 8. **Flexibility:** Traders can adapt breakout strategies to their preferred timeframes, whether they are day traders, swing traders, or long-term investors. 9. **Liquidity Opportunities:** Breakout points are often associated with increased trading volume, which can provide better liquidity for executing trades. 10. **Risk vs. Reward Assessment:** Traders can evaluate the potential risk of a trade (stop-loss) against the potential reward (target price), aiding in decision-making and portfolio management. 11. **Psychological Advantage:** Successful breakout trades can boost a trader's confidence and discipline, reinforcing the effectiveness of their strategy. 12. **Market Events:** Breakouts can occur around significant market events such as earnings reports, economic data releases, or geopolitical developments, offering traders opportunities to capitalize on sudden price movements. Remember, while breakout trading offers potential advantages, it also carries risks. False breakouts and market reversals can lead to losses. Successful implementation requires a solid understanding of technical analysis, risk management, and the ability to adapt to changing market conditions.Longby BAAPOFBREAKOUTUpdated 7
ashoka buildconOut of the total revenue (on a standalone basis) during the quarter, EPC (engineering,procurement, and construction) road contributed ₹1,410 crore, power sector ₹222 crore, railway ₹163 crore, andremaining ₹190 crore from others. For FY23, EPC (engineering, procurement, and construction) road contributed ₹4,393 crore, power sector ₹675 crore, railway ₹640 crore, RMC (ready mix concrete) ₹217 crore and remaining ₹413 crore from other verticals. • As on 31st March 2023, the total order book of the company stands at ₹15,805 crore. Out of thetotal order book, the contribution across segments were: Road EPC ~₹1,728 crore, Buildings EPC ~₹2,221, Road HAM (hybrid annuity modal) ~₹6,318 crore, Power T&D (transmission and distribution) & others ~₹3,965 crore, Railways ~₹1,549 crore and remaining ₹25 crore from CGD (citygas distribution). • Region wise order book was north 5.8%, south 28%, east 6.7%, west 15.2%, central 19.8%, northeast 5.9%, and overseas 18.6%. • The company received additional projects after March 2023 worth ₹2,285 crore. During the quarter, the BOT (build operate transfer) division recorded a toll collection of ₹309.9 crore as compared to ~₹269 crore in Q4 FY22. • The equity component of recent HAM projects for FY24 and FY25 was in total of ₹169 crore. • Toll rate hike for FY23 was 10.5% FUTURE OUTLOOK • The management guided for a revenue growth of 22%-25% in FY24. • It is planning to reduce the debt level in the upcoming years, subject to the level of monetization of assets. • They envisage that the order book would cross ₹20,000 crore in FY24. • The working capital debt would continue to be there in the books of the company and it may also rise due to increased turnover. • Cost of funds would remain at similar levels or might decrease, going forward. • The company would be bidding for various projects of expressways and railways worth ₹20,000 crore each by the end of Q1 FY24. • They are planning to do a capex of ₹80-₹85 crore in FY24. • In FY24, the company expects cashflow of ₹450 crore from Chennai ORR (outer ring road) project and ₹300 crore (net) from Jaora-Nayagaon project.Longby Tradernawab336