JAGRAN for Swing Trading 🚀Greetings traders! 📈 Today, I'm thrilled to present an intriguing setup on JAGRAN, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential.
📊 Indicator Support: Momentum indicators are providing robust backing to the bullish momentum.
📈 Keywords: Strong volume participation, comprehensive multi-timeframe analysis, bolstered by momentum indicators.
Stay tuned as JAGRAN gears up for potential bullish momentum! Remember to conduct your own analysis and deploy effective risk management techniques.
#JAGRAN #PositionalBreakout #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
Bestsignals
Jaiprakash Power(JPPOWER) Stock Targets 10.90 and 11.95The current price stands at 9.90. After conducting a three-week analysis, I've identified a promising trade opportunity for Jaiprakash Power Ventures Ltd (JPPOWER) stock. My evaluation indicates two potential profit targets: the first set at 10.90 and the second at 11.95. It's crucial to establish a clear stop-loss level to effectively manage risks.
Trade Idea: Consider taking a long position on JPPOWER stock for a three-week period, with the first profit target set at 10.90 and the second at 11.95. Implement a well-defined stop-loss strategy to manage risks effectively.
1st Target --> 10.90
2nd Target --> 11.95
Best regards,
Kambi
Buy AEGISCHEM Above 399"Delivery Idea 30-12-99
AEGISCHEM (CMP: 401.95)
Buy Price: 399
SL Below: 386
Target: 419"
Best Stocks for swing tradingService Offerings
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.
Intelligent Automation Platform
The company have developed its own intelligent automation platform that combines the capabilities of its various IP products along with AI, ML and NLP models developed by its datalabs. The market for the same is forecasted to grow at a CAGR of ~19% over 2020-25.
PROS
Company is almost debt free.
Promoter holding has increased by 3.02% over last quarter.
CONS
The company has delivered a poor sales growth of 7.10% over past five years.
Company has a low return on equity of 13.7% for last 3 years..
Finally My view as a technical analyst :
It is trading at all time high.
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.
Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.
Best Stocks for swing tradingPolycab has 25 manufacturing facilities at seven locations. 4 of the 25 facilities manufacture FMEG products. Comprehensive backward integration remains a key priority for the company.
Polycab is a manufacturer of wires and cables in India with a market share of over 18%.
It has a network of 3500+ dealers and distributors and a reach over 125,000 retail outlets.
PROS:
Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter
Company has delivered good profit growth of 30.8% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.9%
Debtor days have improved from 52.6 to 38.8 days.
Finally My view as technical analyst :
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.
Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.
Best Stocks for swing tradingHCL's main products are 1) Continous Cast Copper rod, 2) Copper Cathode, 3) Copper Concentrate.
1)Copper Sulphate, 2)Sulphuric acid, 3) Anode Slime, 4) Nickel hydroxide, 5) Reverts are its By-products.
PROS:
Company has reduced debt.
Company has been maintaining a healthy dividend payout of 19.8%.
Company has delivered good profit growth of 43.4% CAGR over last 5 years.
CONS:
Stock is trading at 6.04 times its book value
The company has delivered a poor sales growth of 8.64% over past five years.
Company has a low return on equity of -2.26% for last 3 years.
Company might be capitalizing the interest cost.
Promoter holding has decreased over last 3 years: -9.91%.
Finally My view :
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.
Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.