One Simple Horizontal Line setup Already showed momentum today by gap up -Buyable above weak resistance level, already tested 3 times
-Posted good quarter results -DTL BO (Down Trend Line Breakout) anticipation -Green Vol > Red Vol
AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services. CMP - 565 AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP. Targets I'm expecting are...
-Posted good growth results -Squeezed between 10 ema n BO (Breakout) level -Shakeout from 21 ema -Volume contracting -DTL (Down Trendline)
-Posted Good results, EPS YoY 132% n 43% QoQ growth (thats type of growth in earnings you want to see in stocks you want trade) TA: - Mother Candle: 4 days Insidebar Candle -Green Vol > Red Vol -Consolidating near previous high BO level = constructive sign -Good flushing of sellers -Good Shakeouts, when price go below major ema, here both 21/50 emas, n rally...
Lumax Auto Technology, a market leader in Gear Shifters posted solid Q4Fy24 results. TA: -Auto Ancillaries are showing strength -Long Base, testing 5th time -Making HLs (Higher lows) -Price Contracting Needed good vol for breakout (BO). Check how it reacting when reaching Hundred's (like 300, 400)
Krishna Defence & Allied Industries Ltd results: ■ Sales 71 cr, QoQ 102%, YoY 68% ■ Net Profits 7, QoQ 172%, YoY100% TA: -VCP in Action -One Simple Horizontal Line BO anticipation
-Posted good growth results -Long base after IPO, breakout about to happen -Cheat entry was near 994ish level -Green Vol > Red Vol
ISGEC is a company from heavy engineering sector which has been in a good bull run based on consistent growth. Stock has formed a cup & handle pattern and gave good breakout yesterday. Momentum traders should keep this stock on their watchlist as this stock can give quick 10-20% returns. This is my personal opinion and not a recommendation.
Results: Solid Q4FY24 Rev at 47622cr vs 44253cr Other inc at 1194cr vs 491cr PBT at 8375cr vs 6026cr, Q3 at 5134cr PAT at 6490cr vs 4871cr, Q3 at 5208cr Solid QoQ and YoY uptick OCF at 40784cr vs 47151cr TA: Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.
Results: Decent comeback quarter with solid revenue growth which reflects well with EBITDA n PAT growing at better pace Rev at 3002cr vs 2258cr PBT at 45cr vs 37cr, Q3 at 33cr PAT at 47cr vs 23cr, Q3 at 24cr Includes 10cr one off income OCF at -102cr vs -114cr TA: -Check vol on falls(red arrows) how it is decreasing means supply drying out -DTL BO (Down...
-Strong sector with tailwinds -After strong move from base:152% in jjust 35 days, didnt fell much. -Consolidating with tight closes n low vol. -Strong Relative Strength -Growth Company: Sales up, OPM improved, EPS growth. Great Pick, Ready to blast.
After NiftyAuto n its stocks saw nice momentum, now with good results in Auto proxy Ancillaries sector, stocks are also performing: Balkrishna Ind, Amara raja, Exide, Uno Minda, JBM Auto, Lumax, Rico auto showing good demand. Now come to MSUMI analysis, why it can give returns? FA: -First of all decent growing QoQ, YoY and overall FY24 growth results for the...
-Posted Good Results -DTL BO (Down Trend Line BO) anticipation -Tight closes near weak resistance as I was tested multiples. -Demand is showing in last few days. Waiting eagerly for BO
-EPS Growth, GNPA/NNPA decreasing, NIM Increasing -Testing Resistance forth time, all good PSUBANK stocks setting up. Check Vol
FSN posted good YoY results with expanding offline too, this can be super combo: online(e-com) + offline for the future growth for the company. -right now, setup is in stage 1 but in uptrend so VCP concept can apply VCP : 20W-30/2-4Ts (Contraction for 20 weeks, contracting from 30% to ~2% n total contraction 4 times) -check Red Arrows how supply is flushing with...
-Volatility Contracting with Green vol > Red vol -Good Shakeout (when goes under major ema and goes up, here 50 ema 2 times) -Tight closes near BO (breakout) Overall I liked the setup, in watchlist for buy above BO
Symbol - KOTAKBANK CMP - 1755 Kotak Mahindra Bank is a diversified financial services group providing a wide range of banking and financial services including Retail Banking, Treasury and Corporate Banking, Investment Banking, Stock Broking, Vehicle Finance, Advisory services, Asset Management, Life Insurance and General Insurance. This is one among India's top...