SRFSRF Limited is a holding company engaged in manufacturing of chemicals and polymers, technical textiles and packaging films.
Current price is more than the intrinsic value
Stock has been generating better return on equity than bank FD
Stock doesn't offer attractive dividend returns
Low probability of default in next 12 months
In last 3 months, mutual fund holding of the company has decreased by 1.26%
PE Ratio 61.1 Sector PE 480.64
Largecap
With a market cap of ₹73,192 cr,
Over the last 5 years, market share increased from 3.63% to 7.35%
Stock is 2.25x as volatile as Nifty
Note:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
5-0-pattern
JPPOWER -- POSITIONAL -- FLAG PATTERN BREAKOUT JPPOWER On Hourly chart today seen Flag pattern Strong Breakout at upside ..with strong volume, Todays sharp fall of nifty ..this stock seen good volume at long side.. RSI seen higher high at mid range and above WMA .. stock seen at strong trendline support at closing at upper channel line from this level stock can see good upside 20-30% ..1 month .
Technical support resistance explain in chart/
BUY JPPOWER @ 8.70
TARGET 10-11-12
STOP LOSS 7.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !
Railway Track Pattern Railway track pattern
Don't know how many are known to this pattern but in my trading years i have noticed that Morning star/Evening star and railway track patterns are the most seen candle stick patterns at reversals
i personally trade this pattern in all the markets. Some even call this as order block. It doesn't matter what you name this pattern ... it works phenomenally
1. What's so special about this pattern :
This is a confluence pattern, If you get to see bullish RT in 1hr TF if could be morning star pattern in lower TF and could be a bullish pin bar in higher TF, which means you are literally covering
3 time frames in just one pattern
2. Where to identify and consider the pattern:
Majorly at support for bullish RT(Railway Track) and resistance for bearish RT could be any sort of Support Resistance and/or Pivots, look for the volumes for better confirmation.
3. Entry and Exit with SL :
One can take entry with two different ways. Aggressive and Safe entry. If you notice the chart above there is a line drawn on the RT candle mid which will
act as your entry for safe entry and SL will be the low of the
candle in bullish RT and high of the candle in bearish RT Exit will be according to your trading style and timeframe used or take confluence from other
indicators/price action
These RT candle mid will be working as Support and Resistance in future. You can see the above chart for reference.
Cons of the pattern :
The pattern works well in all the time frames yet it has its pros and cons just like any other pattern yet they seem to be more informative. once you see Bullish/Bearish RT being failed there is 70% possibility That you will get to see a move on the other side. Concept is very similar to Block order / fulfilling left over orders. Lower timeframe signals are not that reliable in some markets but can be considered if used with confluence
If the concept looks vague look at the chart above, This is just an idea, workout on the pattern and its probabilities before going live.
Note : Just for educational purpose and not a recommendation.
ALOK INDUSTRIES -- BULLISH W PATTERNALOK INDUSTRIES ..corrected from 35 sub level to 28.50 level and todays 1 hour candle form BULLISH W PATTERN ON CHART. stock seen trendline support as well as 200 SMA support at breakout line .. RSI at bullish from oversold level at hourly chart,
From current level cmp 29.25 stock has potential upside 20-30% IN Short term.
BUY ALOK INDUSTRIES. @ 29.25
TARGET 1 - 32
TARGET 2 - 35
stop loss 27
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..PLEASE DO OWN ANALYSIS ..! take call at own risk ,!
HAPPY TRADING !
INDUSIND BANK LONGNSE:INDUSINDBK
Given beautiful breakout from W pattern and retraced, Good time to enter with suitable RRR.
Risky traders enter now
Who wants to play safe can enter above 970
SL 942
Target 1:2 at least
Note: It's only for educational purposes, I'm not SEBI registered guy.
Ping me if you have any doubts or analysis
Muthoot Finance Not Recommended NSE:MUTHOOTFIN
On-Demand Posted, Not a recommended trade
this stock is in sideways if one wants to enter wait till price takes good support with a good candle and volume, with suitable RRR take the trade.
Note: ita only for educational purposes, I'm not a SEBI registered guy
BIOCON - Trade after Breakout.Dear Traders,
As we can see Bio-con was in Channel Pattern and after it now it was consolidating in Triangle pattern. Today it has given Good Breakout with gap. Normally, people wait for gap to fill and after that they take the trade but here, buying is so good that people are buying without Gap Filling. Also, those who has patience and waiting for gap to fill will take trade during Retest.
So, This stock is good for 1 to 2 moth holding.
CAUTION : Please check Bank nifty and Nifty Charts before Taking any trades. As if they will act bearish our stock may too.
Happy Trading Guys. And like if you like the Content.
HDFC --FLAG BREAKOUT - BULLISHHDFC find Flag Breakout Pattern on Daily Chart ..Stock corrected from 3000 sub level to 2500 level made double bottom around 2500 sub level and last candle on daily chart is BULLISH heikin ashi candle ..at exactly support 200 SMA , same candle breakout candle of flag pattern . this all indication of bullish trend onward. this Stock i good mid-term as well as investment pick can give 20-30% profit in 2-3 month mid -term.
Techncial Indicators
1. Flag Pattern Bullish Breakout
2. Double bottom formation
3. 200 SMA support
4. Golden cross
5. MACD Bullish
6. RSI at Mid Range
BUY HDFC @ 2710
TARGET 1 - 2900 TARGET 2- 3000 ( 2-3 Months )
STOP LOSS 2570
** This idea can helpful purpose of study of Technical Anlysis ...please do own anlysis ..call at own risk. !!
WISH YOU HAPPY TRADING. !!
Nifty 50 Index analysisHello friends here you can get the fully ways in upcoming waves in the charts to get fully ways of length where thay will go and moves.
The points ABCD shows the #triangular #pattern
and
The points 12345 will shows the values in the length of #Elliot #waves to get full its full #strength
and
The points #ABC will show you the values get to complete the #correction #waves.
GMR INFRA Multiyear Breakout CUP Pattern -GMR INFRA form multiyear breakout CUP pattern on Monthly Chart. This will be Good pic for Short term - Mid-term - long term Target.
AS Intelligent investor BUY when everyone is selling on fear and SELL when everyone BUY and make good profit then Y not take this opportunity to have a good pic in portfolio as lower risk and max profit.
BUY GMR INFRA cmp @ 41.45
Short term target 44-48, mid term target - 55-60, long term target 70-80
Stop loss 37
TECHNICAL INDICATORS .
1. Multiyear breakout at 39 level and stock currently conolidating around 41-44 level for upper side breakout.
2. CUP PATTREN FORMATION
3. MA ADX green indicate bullish trend
4. RSI(14) trading above 75 ...(between 75-100) bullish.when stock at uptrend
5. monthly chart breakout candle confirm.
** Please make own study and analysis and take call at own risk.
WISH YOU HAPPY TRADING. !!
Finally the blood bath stopped and forming a possible W pattern.After a huge correction of market, it again went to green but forming a W pattern. Tomorrow market may go again negetive in the first hour and may be positive after 12:00pm to 12:30 pm possibly.
On exipry day market may start a great bull rally depending upon the move of the market of tomorrow if it makes the w pattern. Levels are given in chart