MANYAVAR: Reversal incomingAfter a long consolidation MANYAVAR is finally moving out of the box and expected targets: 1020-1050-1100-1150-1200 NOTE: I'm not a SEBI REG. Study before investing.by tradingcultsUpdated 1
Vedant Fashion Upside Vedant Fashion / Manyavar - Long for 20% - Multiple Technical Indicator - Manyavar Breaking Falling wedge pattern - Turn around with RSI Divergence - 20% upside target - buy 945 Disclaimer:- Investments in securities are subject to market risk. Everything I discuss here is for educational purpose. I am sharing my personal view as a trader / investor. Please consult your financial advisor before taking any decision. Longby anuppadhye999Updated 2
MANYAVAR LOOKS GOOD FOR UPISDE holding it with for swing trading buy and hold chart mein kuch upmove dikhegaLongby DKM_2
MANYAVAR (Trading on Harmonic PRZ)TF-Daily Trading on Harmonic PRZ (On Monthly TF). We expect a bounce from here. Levels are given on chart. . Only my view. . I am not a SEBI Registered. This analysis is purely for educational purposes only. . If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.Longby Nshravan13
MANYAVAR : Scaling Up with a 1.25% allocation 📈 Added 1.25% to my existing 1.25% holding in this stock, bringing the total holding to 2.5%. Anticipating a potential move of approximately 50% towards the target levels from the current average price levels. 📉 However, from the current average price levels, there's a downside risk of about 19% to the all-time lows. If the price were to plummet to those levels, further consideration for adding on would depend on the net capital size at that point. 💼 This stock belongs to the small-cap category. The financials of the company are notably attractive. Institutional investors, both Domestic Institutional Investors (DIIs) and Foreign Institutional Investors (FIIs), have been consistently increasing their holdings over the past few quarters, totaling 3.45% and 7.74%, respectively, as of December 2023. Mutual funds have slightly reduced their stake but still hold about 10.28%. Retail investors have increased their holding, albeit modestly, standing at only 3.54%. This signifies a significant involvement of strong-handed institutions in the stock. 📊 Given these factors, the decision to take this position is substantiated by ample confirmation from institutional activity and the promising financial outlook of the company. 📢📢📢 If my perspective changes or if I gather additional fundamental data that influences my views, I will provide updates accordingly. Thank you for following along with this journey, and I remain committed to sharing insights and updates as my trading strategy evolves. As always, please feel free to reach out with any questions or comments. Other posts related to this particular position and scrip, if any, will be attached underneath. Do check those out too. Disclaimer: The analysis shared here is for informational purposes only and should not be considered as financial advice. Trading in all markets carries inherent risks, and past performance is not indicative of future results. It's essential to conduct your own research and assess your risk tolerance before making any investment decisions. The views expressed in this analysis are solely mine. It's important to note that I am not a SEBI registered analyst, so the analysis provided does not constitute formal investment advice under SEBI regulations.Longby Sniper-Traders4
MANYAVARIt commands a dominant position in conventionally unorganized market segment. Reason for buy : Technical buy and QoQ result was good Allocation : 2%Longby muhammediqbal1005Updated 0
Keep eyes on ManyavarManyavar is on very important support zone. Touch the upside on 1100/-Longby rajeshdhingra16160
MANYAVAR : Took an entry for about 1.25% of the net capitalOverview: This small-cap stock operates in the textile sector and holds the largest market share in men's wedding attire in India. Additionally, it has expanded into women's and children's clothing under the sub-brands Mohey and Mebaz. The business boasts a consistently high gross margin of around 60%. Reason for Recent Stock Decline: The recent crash in the stock can be attributed to its overvaluation. Despite favorable price, revenue, and earnings forecasts by analysts, the market corrected the stock's price to align with its intrinsic value. Financial Outlook: The company's financials remain attractive, with analysts forecasting positive growth. Institutional investors, both Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs), have been increasing their holdings consistently over the past few quarters, indicating strong institutional interest. Although mutual funds have reduced their stake, the decline is not significant. Shareholding Pattern Analysis: While the increase in retailer stake might raise concerns about weak-handed involvement, considering other factors, it appears manageable. Moreover, my entry price is lower than the price where these acquisitions are made and it gives me a better margin of safety over them. Investment Strategy: Took an entry for about 1.25% of the net capital, with a target upside move of 48% on the invested capital. Acknowledging the downside risk of around 21% to all-time low levels, further additions to the position will be considered if the price consolidates or exhibits signs of reversal in the coming weeks. Will update if any changes are made, underneath this post. Longby Sniper-Traders1
Manyavar at major support This actor major support level and bulish engulfed candles stick pattern with decent volumes let's see what will happensLongby sudheer8897460
Long RunBeautiful Breakout from short term consolidation Darvas box strategy Short term sharp move Seems Manyavar is flying At your own riskLongby Eagle7Eye0
Not to be Missed Long Term InvestmentAdd on Dips & Hold Long for MULTIBAGGER GAINS Exclusive brand outlets (EBOs) EBO network is an integral part of our business model with a majority of our sales being generated through them. We have an aggregate of 1.3 million square feet of EBO retail space across 223 cities and towns in India and 8 cities internationally. We opened our first EBO in Bhubaneshwar in 2008 and our first overseas EBO was set up in 2011, in the United Arab Emirates. Our franchisee-owned EBOs are designed with a combination of aesthetic appeal and modern touch. We have 61% of retail space in FY22 attributable towards our flagship stores. GROWTH OPPORTUNITIES - KPMG Report Industry Structure and Development Overview of the apparel retail market in India The domestic market is expected to continue to grow strongly until Financial Year 2025, clocking up to INR 8.1 trillion to INR 8.2 trillion, registering a CAGR of about 18% to 20% between Financial Years 2022 and 2025. All the apparel segments to register high growth during Financial Years 2022 to 2025 Men’s wear segment projected to be the fastest growing over Financial Years 2022 and 2025 The share of men’s wear is projected to attribute approximately 44% of the retail apparel market in Financial Year 2025, clocking the highest growth rate of nearly 20% to 22% between Financial Years 2022 and 2025, because of the availability of a wide range of brands, designs, colours, sizes, fittings, and fabrics, acceptance of smart casual attire among corporates, global fashion awareness among the youth, and a favourable young demographic in India. Women’s wear and kids’ wear are projected to grow at a CAGR of 18% to 20% between Financial Years 2022 and 2025, respectively. Over the longer term, the factors contributing to the rise within the women’s wear segment would be the growing number of working women, deeper penetration of global and Indian branded players in the segment, higher discretionary spending, and increasing awareness of fashion trends. The healthy growth of kids’ wear in the long term is because of the rising proportion of the young population (30% of India’s population is younger than 15 years old). Long-term growth in the domestic market will be driven by rising working population and income levels, higher penetration of organized retail stores and e-commerce, and growing preference for RMG over tailor-made garments. GROWTH FACTORS - CRISIL REPORT An overview of the Indian wedding and celebration wear market in India The term “Indian wedding and celebration wear” can be defined as apparel worn on special occasions such as weddings; close-knit family functions such as puja, housewarming, etc.; festivals such as Diwali, Eid, Holi, and Raksha Bandhan; and other events such as Independence Day and Republic Day CRISIL Research expects the Indian wedding and celebration wear apparel market to grow at a 15% to 17% CAGR over the Financial Year 2022 to 2025 period, reaching INR 1,325 billion to 1,375 billion by Financial Year 2025, led by the fundamental nature of the industry, higher spending per consumer and the increasing trend of multi-day wedding functions in India. Not only is the Indian wedding and celebration wear market driven by the immediate family of the bride and the groom but also their close friends. The Indian wedding and celebration category is also driven by frequent festivities in India. Key brands such as Manyavar and Mohey have propelled their sales through celebrity advertisements to attract youth. To achieve a deeper, connect with our consumers, we utilise targeted marketing campaigns through digital and social media, billboards, multiplex cinemas, television advertisement and live events. We believe we have developed a strong brand identity through effective brand advertising and distinct marketing campaigns for our brands. We attempt to connect with our customers at an emotional level through subtle messages that our customers can relate to. These include values-based messaging themes embedded around traditional cultural values, such as “Diwali Wali Feeling”, “Shaadi Grand Hogi”, “Pehno Apni Pehchan” “Apno Wali Shaadi” and “Shaadi ka Kharcha Adha Adha”. Some of our campaigns are also based on specific categories of persons such as groomsmen or specific celebrations and occasions. Technology is at the forefront of our operations and is essential to us being able to attain operational efficiencies in our sourcing, manufacturing, distribution, and sales processes and delivering an enhanced retail experience to our customers. Most of our business operations are system-driven with limited manual intervention. We utilise data analytics for capturing and analysing evolving consumer preferences and purchase trends across the country and have developed a strong expertise and understanding of consumer preferences across India. We also rely upon our technology platforms to monitor and manage store inventory levels on a real-time basis and integrate our stock and supply chain with our production cycle. Our backend production processes, including our supply chain and inventory management are data-based and algorithmically managed with every stage system-driven, including the procurement of raw materials, manufacturing (on an SKUidentifiable basis), warehouse inventory management and store replenishment. As a result, we have a record of every product sold at our franchisee owned EBOs and are able to maintain synchronisation between store inventory, sales, and billing cycles from each store. We have also developed a mobile application and an upgraded website to support the customer product selection and sales processes. For Detailed Report Plz visit my Profile Dont miss to Like & Share Regards, Naresh G SEBI Reg. RA Longby NareshG_SEBI_REGISTERED_RAUpdated 113
Breakout in Vedant Fashions Ltd...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.Longby MandeepSinghKohli339
ISKO MISS MATT KAR DENA+ VCP + Bohot bada vcp + Mast Base (340 Dyas) + Good above 1350-1360 Please Please keep on Radar!by INVESTfuntechUpdated 10
Amazing breakout on Weekly / Daily Timeframe - MANYAVARCheckout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!! #No complicated chart patterns #No big big indicators #No Excel sheet or number magics TRADE IDEA: WAIT FOR THE STOCK TO BREAKOUT IN LOWER TIMEFRAME AND RETRACE IF NEEDED. SL IS NEARER SUPPORT ZONE IN 1HR TIMEFRAME. Longby Yoyohoneysingh930
MANYAVAR - LONG ENTRY MANYVAR qualifies for long entry now. Volume is greater than previous session by 70.69%. Volatility: ATR% of the stock is 2.56% Moving Average Observations: Price above 50-day, 100-day and 200-day Moving average. RSI Observations: The Daily RSI indicator has crossed above 70 in the current session. Current Daily RSI reading is 70.99. ADX Observations: The Daily DMI position remains bullish. Donchian Channel Observations: Price is above middle Donchian channel (Bullish). Ichimoku Observations: Price above Ichimoku clouds. Bollinger Band Observations: Price is above middle Bollinger band (Bullish). Weak Below 1300Longby YASHSINCE19953
BREAKOUT IN VEDANTA FASHION 📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF Vedanta fashion :- •Breakout of symetrical pattern on DTF with strong candle •Break counter trend line and hidden lines •Volume increases last few weeks high •Bullish trend/ make good structure also •Made good price action •Make higher highs/higher lows 📌 Add on your watchlist.... 📌 If you have any questions about any stock you can DM me Or comment on post 📱 📌Disclaimer:- This all chatrs analysis are only for educational purposes only I do not provide any CALL or Tips Longby UnknownUnicorn316348853
VEDANT FAISHONS 1WBreakout of Symmetrical Triangle + good YoY growth + seasonal boost due to festive seasons and marriage season + after a long time with good consolidationLongby Rishabhhh161
MANYAVAR - Weekly AnalysisIn the Weekly Chart of MANYAVAR , we can see that, it has given W breakout. Let it retest and then enter with SL. Soon we might see a Cup & Handle breakout in it.Longby JatinManani112
Future Multibagger with ROCE 39.8Continuous EPS growth and highest Promoter Holdings Buy around 1000 zone.Longby lavkush0
Impulse move after a long timeThe price hit both horizontal resistance and falling trendline resistance in a clean 5-wave move. Is it start of (3) rd wave - we will see. In the short term, any dip through the anticipated path could present a good RR entry (near 1140-1160), as it will also complete right shoulder of the Inv H&S. Looks like IPL fever is here to stay for the scrip. Lets see how this develops. by riskOmeter1
Vedanta Fashion Trend line Breakout - Entry at current level does not give good RR - Keep in radar for a pull back to get improved RRLongby The_SharkTrader2
VEDANT FASHION (MANYAVAR) LTDVEDANT FASHION (MANYAVAR) LTD If the support respect then it will continue otherwise trend goes into reverse. Longby ENGINEER_INVESTOR222