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IMPORTANT EXPECTED INTRADAY LEVELS FOR THE WEEKNSE:BANKNIFTY DISCLAIMER: DO NOT CONSIDER THIS ANALYSIS AS AN INVESTMENT OR FINANCIAL ADVICE.THIS ANALYSIS IS MADE FOR EDUCATIONAL PURPOSE ONLY. We have seen Banknifty in a bearish mode since past three weeks and there might be a probability that it can provide us some bullish movement this week. There is a good opportunity for Bulls to enter from the lower levels. Since we know that market movements are based on probability so we need to be prepared for both bullish and bearish movements. Keeping that in mind i've marked all the Probable bullish as well as bearish movements for the week. I will keep this post updated throughout the week and if i find some important pattern or levels during the day i will update it in the MIND section, do subscribe to keep yourself notified with the latest updates.
NSE:BANKNIFTY
by prachitv1
Morning Mantra - 16th August 2023Dear All, So once again we had witnessed the significance of 19300 level on Monday itself. As after making a low of around 19257 during the day, the Index ultimately gave us a positive closing of around 19434. Well now we can observe a bullish reversal pattern, named as Hammer, on the Day chart setup of Nifty. So, we are now expecting a bounce back from the current levels. Whereafter, if Nifty takes a support at this level and manages to gives a positive closing of above 19550, then we will be in an aggressive buying mode. Otherwise, until then, we will have to wait and watch for either a breakout of above 19550, or a breakdown below 19300 on closing basis. In the meanwhile, it will be better to keep Rebalancing the Portfolio. Besides, as per the chart of BankNifty, we can now observe the perfect formation of a Doji Pattern. For which, just like we always say - “A Doji Formation on the chart and a Fauji (soldier) on the Border is quite indicative of a safer zone for the Bulls”. So, as of now there’s a symbol of Reversal on the chart of BankNifty as well. However, here again it will be better to wait for an either side movement, i.e., a breakout of above 44444 and a breakdown of below 43800 on closing basis. Keep Trading! Keep Investing! Regards , Alok Daiya SEBI Registered Research Analyst
NSE:NIFTYLong
by alokdaiya
LIST OF MONOPOLY AND DUOPOLY STOCKS by businessHi guys, Upto i know these are some of the monopolys and duopoly stocks which occupy significant market share if you also know some companys please share some companies exactly are not monopolys but have a unique product or some edge in market however some of these companies already valued at high p/e and usually they always stay at that p/e due to monopoly or duopoly status please do your own reaseach in which fields they are monopolys and duopolys 1.mcx 2.reliance 3.airtel 4.iex 5.power grid-only grid 6.coal india 7.nhpc 8.bse 9.tatacoffee 10.indo borax and chemicals 11.pidilite 12.mcdowell 13.radicokaithan 14.cdsl 15.gravita india 16.granules india 17.cams 18.hawkins cookers 19.ashok leyland 20.irctc 21.ccl products 22.asian paints 23.berger paints 24.vesuvius india 25.upl 26.grindwell nortan 27.itc 28.hul 29.ttk prestige 30.adani ports 31.colgate-colpal 32.kaveri seeds 33.sswl 34.carborundum universal 35.jamna auto ind 36.RHIM 37.titan 38.k fin technologies disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
NSE:MCX
by techno_funda_guy
Remarkable Breakout in MPS LTD.Good morning Guys! Here is a potential trade set up for next week. Providing you some pointers for MPS LTD. >>MPS Ltd experienced a beautiful breakout from a well-defined rectangle pattern last week >> As we see in a daily timeframe, it was religiously following a rectangular pattern since more than 1 year, it is more like a broadening rectangular pattern. >> After witnessing breakout it has retraced back to its breakout zone and again bounced back as bulls got activated, it seems lot of juice has still left. Sales and profits are also looking promising. Now question comes, How to trade in this zone as it has already shown significant moves ? So, Checks these pointers out to understand it. >>Either we can take entry while it retraces back to its BZ level or it gives a good upward move after little accumulation. >>IF it comes back all the way to 1460 that would be our trigger point. >>Now in second scenario if it does not give a pull back then we will wait for little consolidation and if we find a sort of engulfing type green candle then also we can think of taking entry. STOP-LOSS. Now stop loss would be deferent in both the scenarios. First scenario: Buying at Breakout Zone- we can go with 5% of stop loss. Second scenario: Buying higher level- In this case we will have to with higher stop loss, that would be 12%. Targets totally depend on your patience level. If you find this analysis helpful, please consider boosting 🚀 it. If you have some suggestions and any question please post in comment section. Please note- I am not SEBI registered, so do your research before investing.
NSE:MPSLTD
by BullishLine
Long in HINDALCO.No matters how bullish the Markets sound to be we can always find good undervalued stocks, Hindalco is one of those company we are going to talk about. Company majorly deals with Aluminum and copper, where it is a market leader in Aluminum rolling and recycling. Stock has corrected more than 50% from its peek last year. why is that case, '' because in just two years of period stock has given 600% of massive runup and later on rally ended with fair correction. There is no any fundaments related issue till date. Sales and revenue seem pretty stable while FII stack has drastically increased. Stock has formed strong support level where it has retested multiple times and move up. We can aim at least for 30% from this juncture. It was completely my Analysis. Not a recommendation from my side, Please consult you finance adviser before investing If you liked this Analysis do like and follow.
NSE:HINDALCOLong
by BullishLine
32
Huge Breakout Seen in Jubilant Foodworks Ltd || Now it will fly.Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia Group and is one of the India’s largest food service Company. The Company holds the master franchise rights for two international brands, Domino’s Pizza and Dunkin' Donuts addressing two different food market segments. The Company also launched its first homegrown brand – Hong’s Kitchen in Chinese cuisine segment. Market Cap ₹ 34,124 Cr. Current Price ₹ 517 High / Low ₹ 652 / 412 Stock P/E 127 Book Value ₹ 30.9 Dividend Yield 0.23 % ROCE 16.0 % ROE 17.7 % Face Value ₹ 2.00 Debt ₹ 2,554 Cr. EPS ₹ 4.08 PEG Ratio 10.3 Promoter holding 41.9 % Intrinsic Value ₹ 93.4 Pledged percentage 0.63 % EVEBITDA 32.6 Jubilant Food works Ltd stock was in Accumulation zone since Mid of January. Earlier we have seen stock has corrected almost 50%. But now it has given a indication that it is ready to fly in blue sky. Now sky is the only limit for this. Off course there is many hurdles in between but as this is kind of investment stock then you should not worry about. All parameters looks promising for this ticker. Some Positive Technical Factor about this Ticker:- Price is above 200 EMA We have seen Accumulation zone breakout Good Volume Price is sustaining above breakout trendline MACD and RSI has given bullish crossover (I have not placed as i want chart neat and clean but i have analysed already) Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thankyou.
NSE:JUBLFOODLong
by TraderRahulPal
27
Likhitha Infrastructure Ltd for Long.*What the company does ? Likhitha Infrastructure Ltd is a company that specializes in tasks like laying pipelines for supplying gas, constructing canals for irrigation, building bridges over those canals, and carrying out maintenance work related to these projects since 1988. Company's clients- GAIL, IHB, HPCL, IOCL, ONGC, IGL, IOAGPL, TGPL, IGGL, BPCL, etc. *Future Outlook: The company plans to expand into new areas by taking on Tankage Projects and is anticipating an order from IOCL (Indian Oil Corporation Limited). It is exploring opportunities in regions like the Middle East, Africa, and other countries with high demand for Pipeline Infrastructure companies. The company is in discussions with multiple Offshore T&I (Transportation and Installation) companies to enter the Offshore business. Fundamentals >>Company is debt-free. >>Expected to have a strong quarter. >>Impressive profit growth of 52.6% CAGR over the past 5 years. >>Consistent track record of good return on equity (ROE), with a 26.6% ROE over the past 3 years. Technical >>The stock is consistently moving upwards in an uptrend. >>The price of the stock is consistently reaching higher highs and higher lows. >>This trend is supported by a strong level of support Formed by the stock. >>The price has experienced some pullbacks recently and is now trading close to a support level. >>We have an opportunity to potentially make a 10% gain from the current price level by placing a stop-loss order below the trend line. If you've reached the end of this section, thank you for your patience. If you found this analysis helpful, please show your support by pressing the like button. #trading #Ideas #Breakout #Analysis.
BSE:LIKHITHALong
by BullishLine
Significant breakout in JTL IND.Happy Friendship day to all my fellow Traders! -> As already Explained from chart JTL INDUSTRIES has given a remarkable symmetrical tringle breakout. -> Since 8 months It was in consolidation phase forming a beautiful tringle pattern. -> After successful breakout it has retraced back to its breakout point multiple times and started accumulating, Then again in a last trading day it made a fairly big green engulfing candle which covered its all previous candles. That made this pattern more efficient and more convincing. ->In the latest quarterly earnings report, the stock did really well. Please have a look at its 10 years financial data. Pros. *PE- 32 *ROCE- 37.6 % *Reduced debt. *Profit grew 62.5% annually for 5 years. *Strong 34.5% ROE over 3 years. *Improved debtor days from 49.5 to 32.9. *Consistent 22.6% median sales growth over 10 years. Cons. *Over the last 3 years Promotor holding has reduced by 15.7%. *Company still falls under small caps that makes it a bit volatile. (But overall its growth looks promising in a long run.) ->Now this stock is ready to be traded/Invested, one can put stoploss of 370 and go further depending upon the patience level. But anyone who is convinced in its long turn growth then they can invest more when it gives a pull back. Do consider pressing the boost button🚀🚀, It helps me bring more interesting analysis. And if you've any question and suggestion please feel free to post in comment section. Note I am not SEBI registered. Do your own before investing.
NSE:JTLIND
by BullishLine
IDFC First Bank Shines with Excellent Q1 Performance.IDFC First Q1 Result. Impressive performance across the board! Deposits up 44% YoY, Advances up 25% YoY, Profits up 61% YoY. Net NPA down to 0.7% (Which is very good indication). ROA at 1.24% vs 0.97% YoY. QoQ net income down -731 Cr. vs 816 Cr. in Q4FY23, but excluding a one-off income of 180-200 cr. from the last quarter, results are still better on a QoQ basis. Why to Invest in IDFC first ? They are many reasons to invest in IDFC Bank, but trading in this company seems risky and tricky right now. However, if you are someone who believes in the narrative that for India to grow, the banking sector would have to follow the same path, then undervalued and growing banks will benefit the most. Stocks like IDFC First Bank are more likely to double their Market Cap. So, if you are a long-term and serious investor like me, this analysis will help you. Why to Avoid Trading ? Now, let's discuss why trading this stock is currently considerably risky. The stock is trading near 200% of its support level, following a special channel pattern known as a big-length rectangle pattern, which makes it riskier from a trading perspective. How to Invest ? We plan to take a longer position in this stock. As visible from the chart, the stock has tested its resistance on a weekly timeframe. As, we all know Q1 results are out, Earnings have been impressive, indicating a potential strong breakout with good volume. If that happens, we'll invest half of our money and wait for a retracement before putting in the rest. But, if the stock falls instead of breaking out, it'll be a great opportunity to invest, and in that case, we'll wait for a consolidation. Note- I am not a SEBI registered, Please consult to your Advisor before investing.
NSE:IDFCFIRSTBLong
by BullishLine
BTCUSD Short Trade 100% Perfect🤑🤑#We Make Only Profit. Bitcoin's price today is US$30,001.65, with a 24-hour trading volume of $10.88 B. BTC is +0.41% in the last 24 hours. It is currently -4.42% from its 7-day all-time high of $31,388.55, and 0.96% from its 7-day all-time low of $29,717.09. BTC has a circulating supply of 19.44 M BTC and a max supply of 21 M BTC. #BTCUSD #XRPUSD #HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
BITSTAMP:BTCUSD
by ISL-TREND
Swing In Navin Fluorine International.About Comapany Navin Fluorine International Ltd primarily produces refrigeration gases, inorganic fluorides, and specialty organofluorines. They also offer contract research and manufacturing services. Their portfolio consists of 50+ developed fluorinated compounds. Fundamentals The company is expected to have a strong quarter, and they consistently pay a healthy dividend of 19.2%. Company has little down side as well. promoter holding is slightly lower and FII holding also decreasing a bit. But interestingly DII purchasing more and more continuously. 20.4% of ROCE seems to be much healthy. Technical analysis. The stock has been consolidating in range of a rectangle pattern for the past 24 months. As visible from weekly timeframe, it is making higher highs and higher lows, touching the upper level and retracing back to its support, which is making it strong consolidating zone. We can wait for the price to fall a little almost near to the support level And then we can take position considering to the long, With a 5% stop loss, we can aim for a minimum of 25% gain. #StockMarket #NSE #BSE #Analysis
NSE:NAVINFLUORLong
by BullishLine
26 Jul ’23 Post Mortem on BankNifty | Options premiums are LOWBanknifty on the other hand gave a trend reversal signal in just a day. For nifty we had atleast 3 days in succession. I took some short positions yesterday intraday and was all geared up to further attack by shorting more CALLS today. The opening minutes looked encouraging, so did the period from 10.35 to 11.15 but 2 things went against it. The options data showed lack of interest in creating CE credit spreads i.e shorting near ATM call option and buying a far away OTM option. Banknifty started to rally and take the place of NiftyIT which reversed from its intraday high. It was like 2 brothers who came prepared from evening to support their sister, when one brother got tired, the other one jumped in. In our case the BankNifty brother did more than just support - it rallied an impressive 252pts ~ 0.55% up till 14.30. The short trade negation came in banknifty only after the 46000 got taken out. Let us see how the expiry day is getting played out tomorrow because as it stands the options premium in banknifty looks pretty low. The India VIX staying in the 10 range is also a discouragement for the bears that are still left. ... Please comment with your thoughts, opinion or bias, I will respond with mine!
NSE:BANKNIFTY
by viswaram
AGAIN TATA's this time with tataconsumerAgain there is an opportunity with tata group of company and this time with tataconsumer. This post is only for educational purpose. Do your own research before buying or selling. Tata consumer is looking good becuase it's price action is again active and RSI is also getting strength and it is in consolidation from the last one month which suggest something big is happening in tata consumer. BUY_@785 closing target Above 850
NSE:TATACONSUMLong
by MFD_TanushPrajapat