4 strong stocks...π
...with Bullish Monthly closing (ATH/52 wk high)!
βοΈ ATH Sales or PAT
βοΈ Bullish Monthly closing
All picked from my Month-end scanner
Scanner: CCI(34) crossing 100 on Monthly! chartink.com/screener/monthβ¦
A thread...π§΅
1β£ #MINDACORP 5 yr breakout after a 12 month consolidation
Fundamentals:
β
Mcap: 6764 cr, P/E: 28.4
β
ROCE: 11.8%, ROE: 13.5%
β
5 year Sales/PAT CAGR: 8%, 13%
Technicals:
β
Price faced resistance around 2017 highs for 1 year
β
Bullish Monthly candle
How far will it go?
2β£ #LGBBROSLTD 4 yr breakout & resuming uptrend after 7 months
Fundamentals:
β
Mcap: 2730 cr, P/E: 11
β
ROCE: 29%, ROE: 22.7%
β
5 year Sales/PAT CAGR: 11%, 27%
Technicals:
β
Price consolidation around 2018 highs for 15 months
β
Bullish Monthly candle
3β£ #WABAG 8 yr breakout!
Fundamentals:
β
Mcap: 2427 cr, P/E: 14.4
β
ROCE: 13.3%, ROE: 8.56%
β
3 year Sales/PAT CAGR: 2%, 12%
Technicals:
β
Beautiful breakout this month after retesting trendline support
β
Price might high ATH in the next 2-3 years
β
Volumes good as well
4β£ #THEMISMED 7 yr breakout!
Fundamentals:
β
Mcap: 1446 cr, P/E: 24.7
β
ROCE: 30.5%, ROE: 28.3%
β
5 year Sales/PAT CAGR: 13%, 35%
Technicals:
β
Upward sloping 7 year trendline resistance breakout
β
Price might not head back below the trendline resistance
These stocks have strong momentum & can be in your watchlist for
- Swing Trading
- Positional Trading
If you want to learn how to pick stocks for swing trading watch this videoπ
Video Link ->
Learnt something? If yes, pleaseπ
1. Retweet the first tweet
2. Follow @dmdsplyinvestor
3. Subscribe to my YouTube channel for more content! youtube.com/c/TrendlineInvβ¦
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