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Investor/Trader using Trendlines, CCI, RS | Lead Product Manager Not SEBI reg - Content for educational purpose https://t.co/PBp8Ylfpat

Apr 29, 2023, 7 tweets

4 strong stocks...πŸš€
...with Bullish Monthly closing (ATH/52 wk high)!

β˜‘οΈ ATH Sales or PAT
β˜‘οΈ Bullish Monthly closing

All picked from my Month-end scanner
Scanner: CCI(34) crossing 100 on Monthly! chartink.com/screener/month…

A thread...🧡

1⃣ #MINDACORP 5 yr breakout after a 12 month consolidation

Fundamentals:
βœ… Mcap: 6764 cr, P/E: 28.4
βœ… ROCE: 11.8%, ROE: 13.5%
βœ… 5 year Sales/PAT CAGR: 8%, 13%

Technicals:
βœ… Price faced resistance around 2017 highs for 1 year
βœ… Bullish Monthly candle

How far will it go?

2⃣ #LGBBROSLTD 4 yr breakout & resuming uptrend after 7 months

Fundamentals:
βœ… Mcap: 2730 cr, P/E: 11
βœ… ROCE: 29%, ROE: 22.7%
βœ… 5 year Sales/PAT CAGR: 11%, 27%

Technicals:
βœ… Price consolidation around 2018 highs for 15 months
βœ… Bullish Monthly candle

3⃣ #WABAG 8 yr breakout!

Fundamentals:
βœ… Mcap: 2427 cr, P/E: 14.4
βœ… ROCE: 13.3%, ROE: 8.56%
βœ… 3 year Sales/PAT CAGR: 2%, 12%

Technicals:
βœ… Beautiful breakout this month after retesting trendline support
βœ… Price might high ATH in the next 2-3 years
βœ… Volumes good as well

4⃣ #THEMISMED 7 yr breakout!

Fundamentals:
βœ… Mcap: 1446 cr, P/E: 24.7
βœ… ROCE: 30.5%, ROE: 28.3%
βœ… 5 year Sales/PAT CAGR: 13%, 35%

Technicals:
βœ… Upward sloping 7 year trendline resistance breakout
βœ… 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 videoπŸ‘‡

Video Link ->

Learnt something? If yes, pleaseπŸ‘‡

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2. Follow @dmdsplyinvestor

3. Subscribe to my YouTube channel for more content! youtube.com/c/TrendlineInv…

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