ACI - Bullish with Inverted head and Shoulder pattern

ACI - Bullish with Inverted head and Shoulder pattern
Fundamental Outlook
Almost debt free D/E ratio is 0.02, High ICR
PE of 36.59, IND PE is 30.44, Slightly expensive.
PEG of 0.83, attractive and hence high PE
ROE = 19.45%
ROCE = 25.75% , ROCE 5yrs = 29.26%
Sales growth = -31.72%, Sales Growth 5 yrs 18.65%
Profit growth= -45.26%, Profit Growth 5 yrs = 43.87%
Promoter holding at 53.44%, slightly reduced in last two qtrs
FII holding increased from 10.65% to 10.93% in Mar 2025
Technical Outlook
CMP : 652
On daily charts ,
EMA9 > EMA21 > EMA63, Sentiment is turning bullish
Momentum needs to continue to take EMAs above EMA200 at 611
RSI = 70+ , Nearly Overbought
Industry Outlook
Speciality Chemicals
Stock is having high Relative Strength and momentum amongst peers
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
Fundamental Outlook
Almost debt free D/E ratio is 0.02, High ICR
PE of 36.59, IND PE is 30.44, Slightly expensive.
PEG of 0.83, attractive and hence high PE
ROE = 19.45%
ROCE = 25.75% , ROCE 5yrs = 29.26%
Sales growth = -31.72%, Sales Growth 5 yrs 18.65%
Profit growth= -45.26%, Profit Growth 5 yrs = 43.87%
Promoter holding at 53.44%, slightly reduced in last two qtrs
FII holding increased from 10.65% to 10.93% in Mar 2025
Technical Outlook
CMP : 652
On daily charts ,
EMA9 > EMA21 > EMA63, Sentiment is turning bullish
Momentum needs to continue to take EMAs above EMA200 at 611
RSI = 70+ , Nearly Overbought
Industry Outlook
Speciality Chemicals
Stock is having high Relative Strength and momentum amongst peers
Disclosure 1 - Invested
Disclosure 2 - Not SEBI Registered
Disclosure 3 - This is Not investment advice. Treat it as educational
Dagangan aktif
ACI Closing above 672 levels. Retested 672 levels and just managed to close above it in a weak market.
Would love to see a strong green candle next week to take the stock to 700 levels
Nota
ACI going as expected 687 now :)Nota
ACI High today 699.7
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.