ANDHRAPAP trade ideas
Andhra Papers --> Getting ready for a launchAndhra Papers - Cheap valuation.
The technical indicators are favorable for the bullish momentum.
every dip is a buying opportunity, for bigger targets.
Andhra Paper Ltd upto 10X potential (Long Term)Entire paper industry is undervalued as of now, most are available at 40-50% below their intrinsic values.
Andhra Paper chart looks most bullish with upto 10X ROI in 2-3 years.
As per conventional TA, price broke out of trendline resistance and moving higher after retesting it as trendline support (Neon Green Line).
As per wave theory, price has formed 1-2, 1-2 pattern suggesting the 3rd wave can be extended upto 6300-6600 levels.
Other targets are highlighted according to your investment horizon.
Do your own due diligence before taking any action.
Peace!!
ANDHRA PAPERA possible reversal candidate, making DOJI at support level. Pilot position can be initiated, keeping SL under DOJI lower end on WCB.
Andhra Paper LtdTARGET GIVEN IN CHART
SL - 556
FUNDAMENTALS
Market Cap
₹ 2,458 Cr.
Current Price
₹ 618
High / Low
₹ 675 / 391
Stock P/E
4.45
Book Value
₹ 442
Dividend Yield
2.02 %
ROCE
52.0 %
ROE
40.0 %
Face Value
₹ 10.0
Promoter holding
72.3 %
EPS last year
₹ 131
EPS latest quarter
₹ 25.2
Debt
₹ 14.4 Cr.
Pledged percentage
0.00 %
Net CF
₹ -3.22 Cr.
Price to Cash Flow
4.59
Free Cash Flow
₹ 422 Cr.
Debt to equity
0.01
OPM last year
35.2 %
OPM 5Year
24.2 %
Reserves
₹ 1,718 Cr.
Price to book value
1.41
Int Coverage
101
PEG Ratio
0.10
Price to Sales
1.16
Sales growth 3Years
18.2 %
Profit Var 3Yrs
35.8 %
AndharapapAndharapap on a monthly timeframe strong breakout & all time high BREAKOUT you can track this stock for positinol treding for big targets
@sl 400
ANDHRA PAPER (D)- Crossed 200EMAStock has crossed the 200 ema level on the daily timeframe basis.
now next hurdle is 100 ema .
#Investing opportunity
Hammer at the support
It will go up. It will go up by at least 25% in the coming days. The pennant pattern will be completed in 25 days.
ANDHRA PAPER LIMITED + Rounding Top + Just a View📊 Script: ANDHRAPAP (ANDHRA PAPER LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: N/A
📊 Sector: Commodities Forest Materials
📊 Industry: Paper & Paper Products
Key highlights: 💡⚡
📈 Script is trading near its support level which is around 410 mention is chart.
📈 if script is able to break its support level then one can short script.
📈 Short below 410 only.
SHORT BELOW/entry below 410
⏱️ C.M.P 📑💰- 413
🟢 Target 🎯🏆 - 357
⚠️ Stoploss ☠️🚫 - 440
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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