NMDC - Ultimate Swing Trade Opportunity!Hii all! 🌟
Get ready for an exciting swing trade opportunity with NMDC Ltd #NMDC 📈 Leveraging the powerful combination of trendline support, Fib retracement, and a bounce off the 50 EMA, NMDC is setting the stage for a stellar upward movement. Our meticulous analysis, including multiple timeframe scrutiny and momentum indicator support, reinforces the bullish outlook for NMDC. Don't miss out on this golden opportunity to capitalize on the swing and positional setup with NMDC Ltd.🚀 #NMDC #SwingTrade #Bullish
- Remember to conduct your own analysis and implement proper risk management strategies. Thanks
Bestswingsetup
EIH Limited: Hospitality Excellence and Trading Potential 🏨EIH Limited: Luxury Hospitality Player 🏨
Luxury and potential blend seamlessly! 🌟
Snapshot:
EIH Limited, a prominent name in the hospitality sector, is in the spotlight. Operating luxurious Oberoi hotels and five-star Trident hotels, this company has carved a niche in the industry.
Trading Insight:
Remarkable consolidation over 64 trading days has caught our attention. This phase of consolidation might set the stage for a significant market move.
Stay tuned as we keep an eye on EIH Limited for potential trading opportunities! 📊👀
(Note: This is not financial advice. Always conduct your analysis before making trading decisions.)
#TradingView #StockAnalysis #EIHlimited #TradeOpportunity
KEI: an Amazing Swing Trade Pick!KEI Industries: Powering Up with Strong Trends 🚀
Fueling your trading journey! ⚡📈
Snapshot:
KEI Industries Limited, a key player in power cable manufacturing, is making waves. Serving both retail and institutional sectors, their influence is undeniable.
Technical Breakout:
A double bottom pattern breakout in the daily time frame has caught our attention. This pattern can signal a potential bullish surge ahead.
Stay tuned as we keep an eye on KEI Industries for potential trading opportunities! 📊👀
(Note: This is not financial advice. Always conduct your analysis before making trading decisions.)
#TradingView #StockAnalysis #KEIIndustries #TradeSmart
Mindtree LTD About
Mindtree is an international Information Technology consulting and implementation company that delivers business solutions through global software development.
Sector : IT - Software
Industry: Computers - Software - Large
Market Cap ₹ 51,070 Cr.
Current Price₹ 3,089
High / Low ₹ 5,060 / 2,649
Stock P/E 28.7
Book Value ₹ 349
Dividend Yield 1.20 %
ROCE 41.5 %
ROE 33.8 %
Face Value ₹ 10.0
PROS
Company is expected to give good quarter
Company has delivered good profit growth of 31.6% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 28.6%
Company has been maintaining a healthy dividend payout of 32.6%
Company's median sales growth is 17.5% of last 10 years
CONS
Stock is trading at 8.85 times its book value
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.
COAL INDIA - looks good for really good returnsStock has taken really good support at long term weekly TF trendline
Since then its bullish
one could plan for entry around 152-149
OR
average it by buying small quantities from CMP
Looks really good for huge target 205 over few months
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
HAL at good support for Swing LongFormed double bottom at good support previous acted as resistance
+ve divegence and breaking short term trendline
one can plan for buy at CMP with Strict SL below swing
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
BHARATFORGE ready for entry Swing LongTook support at 1 year back broken resistance
broke trendline
+ve rsi divergence
Entry at above resistance zone break and restet
or
on retracement around 708-710
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position.
LUPIN might show good bull trend LUPIN after falling so much from the top was consolidating near trendline support. And at some point, it also closed below trendline and now it again came above the trendline. So it might show good bullish movement. So it can be good candidate for a swing trade.
Comment down thoughts below.